Thu 26 Feb 2009
Currently, everything showing up on our mid-term scanners is showing the Dow, S&P and NASDAQ are headed downward over the medium and long term.
Being long helps you if it is ultra short real-estate, or the dow or S&P indicies.
If you are looking for an investment that doesn't involve intricate investment mechanics, we are looking at Freeport-McMoRan Copper and Gold, as well as the recently slaughtered Pothash Corporation of Saskatchewan. Nibbling at these companies as long as you can afford it, may prove to be profitable on the long term.
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Pingback from The world still appears bearish » Order Of Magnitude
March 8th, 2009 at 10:17 pm[...] Freeport position we wondered about, and eventually jumped into, has been profitable so far. We’ve adjusted our stops to a hair below [...]

