I am Going LONG Tomorrow.
I might be early and the risks are high. Bush is speaking. Paulson may declare marshal law via Bush, Gold may be confiscated and outlawed, the war maybe expanded, capitial may flee the economy, the market may sell off to 6-7k.
But Jim Cramer and CNBC are Bearish. This is uber bullish to me.
But I am looking for long postions, I am 50% short 50% cash. I am looking for long positions if there is a panic tomorrow.
I will likely be moving more long and into hard assets in the near term. Low P/E, low debts and slow down survivor. This is my first long position in a year (outside of Ultra shorts)