Tuesday, December 23, 2008

Game Plan: Trades

Game Plan: I think 2009 will be a much better investment year. However, I also think it will likely be back end loaded with most of the gains coming in the 2nd half of the year. {see previous An-tSionna} Note though this is just my opinion and since I am prepared to be wrong I can change my view on this quickly if I have to. I think that we will have a two sided basing market during the first 6-8 months and am prepared to trade a bit more than I might normally for client accounts depending on their investment parameters and risk criteria. As such, and in light of the fact that there is likely to be some sort of end of the year rally, I have put on certain trading longs in certain ETFs over the past 2-3 trading days.