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Old 01-31-2009, 03:46 PM  
jigga
Confirmed User
 
Join Date: May 2001
Location: Canada
Posts: 302
Buy some SRS and hold it for another parabolic rise. Hold on to it untill it breaks the trendline. Commercial Real Estate is going to really come undone in the near future, in my opinion.

ERY is another steroid type ETF that could pay off big time since oil companies are still too high.

The trick with all these leveraged ETF's is to get out on parabolic rises otherwise you will get slaughtered on the bounces.

On another note, I don't think we've bottomed yet. Too many people calling bottoms and still no reason to get long other than for quick trades. That being said, once CNBC throws in the towel and everyone that's on predicts the death of the market, that's the time to buy. Do not EVER listen to anybody on CNBC for investment advice, that network is comical.

* Don't blame me if this don't come to fruition and you end up broke.
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