Yeah Sector.
Like I said, find it hard to express my intent.
As you point out in a GFC situation ie in 2008 (from memory) Dow dropped from around 15k and bottomed around 7. Recall drops of like 300+ points at a time. All triggered by banking/derivative crisis. Now we are seeing issues of sovereign debt and the hypothetical possibility of the EU coming apart. Now yeah it sounds doomy gloomy...end of worldy survivalist Mad Maxxy kind of stuff prima facie...but that's not my intent.
Point is if we get a big hit and you're switched on you can catch the benefit on the way fown and then go back to regular trading when it bottoms.
That's not gloomy, that's opportunity.
I imagine the smart money would hsve mafe an absolute bonanza when everyone else's super was getting wiped out. That's why I put forward it might be a good prospect for a weekend lounge topic and a knowledge library csnditate (the best rrsource on HC I've found...kudos Free).
I think the concept of shorting is distasteful when applied in the context of insto manipulation snd downramping but in the context I am trying to describe I see it as having great potential for cyclical SP movement...the recent commodity glut is a perfect example for those with foresight...pick a commodity...any commodity except safe havens of course. You eould have made a motza on oil...coal...iron ore...aluminium...am i starting to persuade anyone?
As to volatility ... sure but what volatile stock is there that you don't want to be in as long as your on the right side of the volatility if you get my drift? It wouldn’t be for everyone...it sounds high risk but it's also high reward if you can catch the tide on a solid company that your very comfottable with...like I said why limit your trade strategy to half a paint palette?
Anyway putting it out there...hopefully everyone gets the gist and I would still love to hear commentary/feedback from the lounge. Provides a great sounding board opportunity I think.
Respect posters. Thanks S
