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Originally posted by: surf87
On a shorter term outlook how might DD play the stock markets, short sell or long positions. Basically, I'm long precious metals, commodities, agriculture, and mining stocks and short selling equities. My short positions include; Dine Equity (DIN), Education Management Corp (EDMC), and Deckers (DECK). I'm actually losing money with my holdings to the tune of about $8K combined.
DonDiego doesn't "play" the short-term. He also has no short positions. He's not smart enough to do such things. Occasionally he'll buy some longer-term call-options, but not lately. Unfortunately, sometimes his long-term investments turn into short-term losses.
His long positions include a very large investment in a very small gold mine, and small to moderate investments in one other gold mine, several agricultural stocks - processors, dealers, and fertilizer firms and a brewer, and some energy stocks - coal and oil.
Oh and last month he took a moderate flyer on a company which provides security services; DonDiego expects that business to boom soon. The stock is up about 18% since then.
Right now he's in the process of refinancing his mortgage at 2.875%; that'll be like getting a nice little raise with no out-of-pocket expense.
Life is good, . . . except for that pesky German satellite.