Gold pattern pointing up, page-1122

Maybe the use of bake beans in barter trade as the 'new currency". If one strongly believes in financial armageddon this year, then it is the ideal state to put in bear strategies since the markets are at their highest level. Not much risks to be wrong?

CNBC has many high powered hedge funds Gurus betting on this strategy and willing to come on tv and discuss their strategies and sentiment. If they are right then it is one hell of a short but attrition rate is enormous when you butt head with the raging bull.

I shorted the sp500 index a few times for the past 6 months as well as long but in all honesty the success rate favors the long trades! Ditto the Euro, AUD and host of others so important lesson for me is that counter trend bets require a lot more skills.