Flesh burning on brimstone???....lolz. I think we could of gone down much worse
if it wasn't passed. That's why I had my inverses in action, just in case. I
had UYG & bailed out of it. I took 3/4 off the position in the inverses before
I
left work.

Just got home & absorbing this market. I come to realize in times of
uncertainty
I come to like the inverses. I just became aware of them when they started
coming out in Aug 07. I like to hide in there from time to time. I think until
the new hires of lawyers & bankers figure how they're going to package this to
market. We'll go lower. We'll still have the whipsaw action. I understand for
people to sit on their hands, but for people like me who likes to make $ in
crazy times, then I would look to inverses.

Hope everything is going good with you. Hang in there & don't go loco in, just
little, little nibbles. Have $ on the side & build it. Don't chase.

I am not asking for a rally that sticks, or this to turn into a bull market over
night, but I would like a bit of clarity. I mean one day we want one thing and
the next day it is totally different. I guess I should look at it like I am
gaining experience for later. I also wish I need more about shorting so I could
play both sides of the market because it seems like that is the only way to make
money. I know Peter, Ryan, Kos and others are liking the way things are going
because they short so much that they can still make money. That is why I follow
their forum and am starting to get the idea, but this whole thing is just a
little frustrating now!!
Runnin'

> essentially lose 300

More like 440, innit?

Bailout packages don't fix recessions

LOL

Sell in to the rally & buy when it tanks. Been working for me. If you want
just hang on the sides with $ & just prepare yourself. Me, I like risk, danger
& excitment, so I make a few trades that will last only a couple of days. I
like playing with the inverses & ultras. In/Out. That move saved me today.
UYG hurt me a bit, but my inverses worked out. TWM, REW & FXP. You have to be
like Clint Eastwood in: Fist Full of Dollars, in this market. Play both sides.

Feeling like Don Quixote? Me too. Only two ways to play this market, either
with a day trader mentality or an extremely long term (18 month,3,5 year)
outlook. I think we are bottoming, but, as I said before, I'm looking a lot
like Don Quixote more than a dragon slayer .

Runnin. Listen. This is a bear market. Don't expect any rallies that stick

NEW EXCUSE FOR THE MEDIA

bill passes too late, just like siri/xm merger.....passes too late.....damage
has been done.