OUCH!!!!!

Well, that backfired. The bet against the DOW, I mean. That just cost me an 8% loss in two days (on my entire practice portfolio.) Mini DOW contracts were up 155 points today. I still think the bet is correct, but premature. I can't afford another loss like this one, so I'll have to wait for a little more bad news about inflation or the economy, because the market completely ignored the latest housing news. (Sales down 25% in 28 states.) In the meantime, I think I'll move into gold.

On the plus size, my currency investments are doing much better. My slight losses in The Euro and the Swiss Franc are just about gone, and I think that the dollar will continue to drop.