I have $100,000 of “play” money for a stock market game WHAT SHOULD I BUY?
(In my investments class at FSU we have 2 months to play a virtual stock market game. WE are given $100,000 to invest. I’m typically a long term investor look for value stocks.
The idea of a 2 month span is new to be and more aggressive than what I am used to. Any company suggestions?)
Answer:
Yes, 2 month is very short time period for a reasonable strategy to work it’s way. But you may be right on time for a short trade in broad US indexes. You may want to get ready to buy SDS, SKF, SRS. These are leveraged short ETF which may bring good returns if you time the market right. This guy thinks it is about time to look for short opportunities.
Posted: August 11th, 2010 under US Stock Market.
Tags: stock market game