Today, after church, I had brunch with my sisters, wife, and sister-in-law. I know it sounds terrible, but it was actually very enjoyable. Then I played at the casino and lost. Went home and examined my investments and my investment strategies.
I have a program that I wrote for going long on stocks, so I evaluated my outlook on the stock market. Due to the large deficit and because I believe that inflation is much higher than the government figures, my estimate is that inflation will get to double digits. The dow will go up as inflation goes up, but then we will have a depression and the market will fall maybe as much as 50%
I also wrote a program for trading futures. Therefore, I also reveiwed gold, silver, and oil. I believe that gold, silver, and oil will shoot up maybe as much as 300%. Therefore, I will go long on stocks. gold, silver, and oil for the short term and then get out of stocks or short them. After I get out of stocks, I will concentrate on gold, silver and oil futures.
Then I worked on setting up an autotrade program. I want to test it so that I do not have to worry when I am traveling. I will be paper trading that until I see how it works.
All in all, I had a very busy day.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment