Looks like a good day to go short, M4L. I did some homework last night on a few of the options. I have completely ruled out the proshares double short fund. It reprices daily – daily volatility can erode value very quickly even if you’re right about overall price direction. Deutsche Bank has a short and a double short ETN that reprices monthly. Volatility risk is much lower than the proshares funds, but still there. Or I can just short GLD or something like it, but I like the simplicity of being able to buy a self contained vehicle that means no hassle of margin calls. I may look more closely at what dona suggested yesterday when I have the time.
I’ll let you know when I pull the trigger. You can mark your calendar then.
And the team spirit you’re wrong you’ll be run over thing is, frankly, a little obnoxious. Just express a view.
Thanks! (smiling and dusting off glitter). A friend just e-mailed me to say that I have the most common birthday in the US. It’s the only common thing about me, of course.
“There’s another Libra (Asian) on craigslist looking for $300 today so he can buy himself a new cell phone for his birthday!!!”
I’m going to buy myself a metrocard on Craigslist.
maybe Arkday confused you with your twin whose birthday is this month?
Looks like a good day to go short, M4L. I did some homework last night on a few of the options. I have completely ruled out the proshares double short fund. It reprices daily – daily volatility can erode value very quickly even if you’re right about overall price direction. Deutsche Bank has a short and a double short ETN that reprices monthly. Volatility risk is much lower than the proshares funds, but still there. Or I can just short GLD or something like it, but I like the simplicity of being able to buy a self contained vehicle that means no hassle of margin calls. I may look more closely at what dona suggested yesterday when I have the time.
I’ll let you know when I pull the trigger. You can mark your calendar then.
And the team spirit you’re wrong you’ll be run over thing is, frankly, a little obnoxious. Just express a view.
Happy Birthday, Pasty Brit!!! As my people say, today you are a man. Look forward to celebrating with you my fellow Librarian.
(You know there are others, right? A lot of LIBRA PLUSAs.)
Happy birthday, man! Any plans?
Arkady, mine is in Dec.
DeLepp…..some gorgeous drop dead South pacific guy in the locker room of the college football team
choo chooooooooooooooo!!!!!!!!!!!
GOLD Train coming thru!!!!!!!!!!!!!
get off the tracks or be run over!!!!!!!!!!!!
dibs and m4l, I actually was in bed by 9 last night, Sunday night was a late wedding. Saw about half hour of pats/dolphins.
who was on hawaii five o? mario lopez?
Thanks! (smiling and dusting off glitter). A friend just e-mailed me to say that I have the most common birthday in the US. It’s the only common thing about me, of course.
“There’s another Libra (Asian) on craigslist looking for $300 today so he can buy himself a new cell phone for his birthday!!!”
I’m going to buy myself a metrocard on Craigslist.
DIBS, last night was Monday Night Football and Delepp watches football