This is the most important POST that I could ever do. The reason for our BLOG is to present alternative market trends to the readers. Alternative to what?
Look at your 401(K) or your investment portfolio for the month of January. The S&P, an index for the biggest 500 stocks on the New York Stock Exchange, was down 5% for the month. How much was your portfolio down?
There is a time to be in, a time to be out, and a time to be short.
We are down to one position: being short the Euro Currency, or long the U.S. Dollar. Everything else has fallen this month. So, when my programs went short the Euro, one could have simply exited all postions and waited....... At the very least, you would have lost nothing.
That would be one approach. Or, you could have actually gone short the Euro through an ETF. That would have made you 7% so far. In any event, I think I have made my point. No, actually January made the point.
Short Euro ETF EOU Entry Price 18.49 Stop: 19.29 Last: 19.89 UP 7.5%
Short Euro EUH10: 144.97 Stop: 141.38 Last: 138.58
Soybeans was stopped out with a loss; there was no ETF play on Soybeans.
Any views expressed herein are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
No comments:
Post a Comment