Stuck In The Middle


How do you deal with a market where it's too dangerous to be short and too risky to go long?

It’s not easy, that’s for sure. But fortunately we have some expert advice for you. Celebrated investor Bill Fleckenstein told us how he recommends trading.

Here’s a snippet from our interview.

Ratigan: Should we consider it a bullish indication that you got out of the business of running a short fund?

Fleckenstein: I’ve covered my shorts and to me it’s too dangerous to be short because of all of the liquidity that’s being trotted out by the Fed and the Treasury. On any given day you can lose too much money.

Curious? Want to know how Fleckenstein is trading? Watch the video now!

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Trader disclosure: On Dec. 3rd, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (MGM), (MSFT), (UUP), (WMT), (MCD); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (PM), (MO), (IBB), (PPH), (CSCO), (MSFT); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY), (BBT), (COF), (USO); Finerman's Firm Owns (DNA) And (DNA) Calls; Najarian Owns (NUE); Najarian Owns (UYG) Calls; Najarian Owns (SNDK) Calls

Fleckenstein Owns (GG), Gold

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