Contrarian market commentary and economic postings.
Wednesday, March 10, 2010
ONE CANARY 2?
2 comments:
Anonymous
said...
This chart looks better than SRS or DXD. In SRS you are betting against IYR ,times two, which looks great, and has a 4 percent plus yield, in a zero rate world, banging out 52 weeks highs to boot.You should take a look and compare to your canary as well.The only set up I see is the it can not go any lower, and I hope it holds. Best of luck. Hope you get a gap down to get out.
Even if you make money, bad habits kill in the end.
I do enjoy your blog from time to time, not trying to be hurtful. I think it takes courage to put trades out there to begin with.
Not making a comment on direction more than day or 2, stops set my risks....and they are TIGHT...I could easily reverse to the long etf's if taken out.Being STUBBORN doesn't pay...must have risks set IMHO
Yield is where its out, you wont get it from any safe money at the bank....my friend this is my main complaint. NOT level playing field, game is rigged, but for a time you bet with the house.
PROFILE FOR MY 1 SOURCE BLOG:
We have over 30 years of experience and the best resources available to bring you unequaled value and customer service. We look forward to helping you with your next project with our "Creative Office Solutions"
#2 PROFILE FOR MY MARKET "HOBBY" BLOG
I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
2 comments:
This chart looks better than SRS or DXD. In SRS you are betting against IYR ,times two, which looks great, and has a 4 percent plus yield, in a zero rate world, banging out 52 weeks highs to boot.You should take a look and compare to your canary as well.The only set up I see is the it can not go any lower, and I hope it holds. Best of luck. Hope you get a gap down to get out.
Even if you make money, bad habits kill in the end.
I do enjoy your blog from time to time, not trying to be hurtful. I think it takes courage to put trades out there to begin with.
AFter my comment I will post an IYR chart.
Not making a comment on direction more than day or 2, stops set my risks....and they are TIGHT...I could easily reverse to the long etf's if taken out.Being STUBBORN doesn't pay...must have risks set IMHO
Yield is where its out, you wont get it from any safe money at the bank....my friend this is my main complaint. NOT level playing field, game is rigged, but for a time you bet with the house.
Post a Comment