Chrysler says to shut down all production for month - Page 5 - Mercedes-Benz Forum

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post #41 of 41 (permalink) Old 12-29-2008, 09:05 PM
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Originally Posted by Marsden View Post
Are you at all invested at this point? Even the traditional countercyclicals aren't doing well lately.
I have some stuff in accounts that I have to keep. Then I have some 4% bonds that still have good life in them. Pretty much everything else I pulled out long ago and just play slices to grab some quick percentages. I have not had a stock parked in the account over 72 hours [with a couple of exceptions] since October 2007. I got back in a bit on the first bottom then got spooked and pulled out. I didn't get mugged this year except on the stuff that had to stay in account.

It's not fun but one of the best gambles I play is the bailout spread. Bet the horses who might/might not get the next bailout play. There are none in the mix right now.


Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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