Wednesday, February 03, 2010

100% Short.........an Experiment in Doom!

OK, last Friday, I dumped all my stocks, gold, etc. and went 100% into shorting the market with DXD.  Monday and Tuesday I lost a total of $6,000.  Today I am up $600.

Since a variety of market forcasters are predicting a "Correction" of between 15% to as much as 50% by May, I think, I'll stick to shorting the market for a week or so and see the results.

My portfolio after the last MSNBC Stock contest was $50,000 in January 2008.......today it is $123,000!  Must be doing something right.