"For seasoned traders, a major downturn is simply another opportunity to make money. The harder Wall Street falls, the more they will make. Smart investors use short positions in options and equities to bet against share price appreciation. It’s exactly what you should be doing." — Andrew Snyder
by Andrew Snyder
Baltimore and Ketchikan, Alaska (TFN) [...]
Tags: amex, Andrew Snyder, bear market, DIA, diamonds trust, dow, powershare, qqq, qqqq, technical bounce, wall street
By Andrew Snyder
Baltimore (TFN)- It is hard to believe until last week, it was nearly a month since the Dow last posted a losing week. Even with ominous forecasts of recession, consumer sentiment plunging, and oil prices seeming to rise just to rise, the equities market has managed to make headway.
Well… it did manage. The good times [...]