THE PRAGMATIC CAPITALIST » » DAMON VICKERS: TIME TO GET AGGRESSIVELY SHORT

DAMON VICKERS: TIME TO GET AGGRESSIVELY SHORT

25 June 2009 by TPC 6 Comments

Damon Vickers, whose hedge fund returned 63% last year, started getting aggressively short last week and earlier this week.

Rating: 0.0/10 (0 votes cast)

6 Comments »

Dean said:

I am in!

Rating: 0.0/5 (0 votes cast)

# 25 June 2009 at 6:54 PM

x said:

This guy is an idiot. Pure trend follower with no fundamental knowledge.

Rating: 0.0/5 (0 votes cast)

# 25 June 2009 at 7:22 PM

SRSOwner said:

He’s obviously no idiot if he was up 63% last year, but I was a little confused why he said he was a trend follower and is shorting now. Isn’t the trend clearly higher?

Rating: 0.0/5 (0 votes cast)

# 25 June 2009 at 7:25 PM

percolator said:

@ SRSOwner:

The long term trend is down and the short term trend is up.

@X:

Hmmm, whose opinion would a sane individual respect more; a guy who made 63% last year massively outperforming the S&P 500 or somebody who bashes a guy’s trading method for producing such a return?

There are many different successfully trading strategies obviously Mr. Vickers method works for him, but I’m assuming trend following must not work for you, however; that doesn’t make him an idiot.

Rating: 0.0/5 (0 votes cast)

# 25 June 2009 at 9:13 PM

Michael said:

Be careful out there, as Thursday’s action marked a big reversal higher. I would not be surprised to see the Dow moving higher again towards resistance at 9100.

You heard it here first.
Michael
http://invetrics.com