Monday, October 18, 2010

How's Benny Doing?

His preferred clients are doing well. His standard clients are doing less than well. Benny's standard clients are set up to take a big loss soon, but the preferred clients are getting out. It's a matter of which funds you have bought into. I know you can figure it out...

Selling at the Top

Not yet, but soon. At this point, you should select your Silicon Valley stocks as if they were all part of a big tech/nasdaq ETF. The big boys have to play it that way since it's all a currency trade. Also, with this kind of risk, don't buy stocks - quantify your risk using options instead. Especially for the Bio and Pharma stocks.