Aquaswin47,
On what basis do you feel he DJIA will fall 10% ten months from now?
What kind of data can you extrapolate 10 months with accuracy good enough to base an investment decision on?
Also, why go long on Asia when the majority of their exports go to the US? If we take an economic hit, they take one as well, and possibly to a greater magnitude due to some countries heavy dependence on exports to the US.
Why consider shorting real estate when it has already declined heavily with economists predicting a bottoming out as soon as July 2007?
Note: With a $1,000 account you don't have the option to short sell, you must have at least $2,000 to be granted a margin account (which is needed to short sell)
Quote:
Originally Posted by aquaswim47
Self Assessment: I'm looking for opinions on whether this is/may be a good strategy.
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No.