Bush Trade Works Again
Simply put, if you went short (bet that the stock market would go down) at the point that Bush starts an economic address, and covered (collected your profits or took your losses) when he finished, you’d make money around 80% of the time.
His brief reassurance from the Rose Garden was not at all reassuring, and once again, the Bush trade worked.
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Now thats a bet I tend to agree on.
it doesn’t always work, but 80% is a pretty good average for any type of trade. LK