No Honest Markets

There is not one honest market in the world today. Dishonest markets always fail. I am still convinced that the bottom is going to drop out of the stock market. I am equally convinced that I cannot determine when. The best approach I have is to take short positions in a portfolio of stocks which are already in down trends. Close any positions which go up rather than down and rotate the money into different stocks showing weakness.
First Solar (FSLR) is one of my short positions. It also went against me last week. If FSLR closes above the red trendline, most likely I will get out with a loss and open a position in weaker stock. The whole idea is to stay short the weakest stocks in the market. In my opinion, there are no safe places to invest money other than cash. Shorting a portfolio of stocks is certainly not safe. There is a chance of getting a substantial return. For me it Is worth the risk.

First Solar (FSLR)

(Visited 9 times, 1 visits today)

About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact: news@quillian.net
This entry was posted in Daily Comments and tagged , , , , . Bookmark the permalink.

Leave a Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of