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Wednesday, July 1, 2009

Airelon's Investing and Trading Thoughts: July 2009 (Chop, Chop, Chop) (VIDEO)

Challenge Project Accounts:

Investing Account Balance: $520.81
Stock / Futures Trading Balance: $1,464.14
Online Savings Balance: $25.06

Here it is. My "outlook" vlog entry for the month of July

Near the beginning of every month, I have an "outlook" entry in which I discuss what I have my eye on for the upcoming month. We're waiting for the moves. But when you're waiting for a move? You have a lot of chop. While you're waiting for the down move, we seem to be just chopping up ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click this link to view the entry ...)




Some time ago I said you should be ready for the buying opportunity of a lifetime. When will you know it's time? Well, that's the trick isn't it?

At the moment, the Treasury is trying to hide many of their toxic assets with what I call a 'fake' market. You can't 'fake' a market. When they realize they can't create a 'fake' market, and the banks truly start shedding those OTC derivatives? That's one way to know that the event is approaching.

Another, would be huge policy shifts. Such as the Fed reversing all previous models and policies when reality stares at them in the face. When the bailouts stop. When your CNBC clowns realize that there is no recovery, there never was any recovery. When people everywhere, will do anything to get away from the stock market. When you see them accepting huge tax losses, and completely liquidating their 401k's.

Then, wait. Wait, and watch all of the assets be puked up on the street for next to nothing. That's when I'll be buying.

Edit Update: With due credit to Karl Denninger for catching the overnight lending action at the Fed? I'm not going to be shorting any metals (the metals, in this environment = fear), and I may be picking up some puts on equities.

Could be a lot of fear getting ready to hit the market.

* * *

Challenge Project Accounts:

Investing Account Balance: $520.81
Stock / Futures Trading Balance: $1,464.14
Online Savings Balance: $25.06

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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