Investing Opinion

Bolling: Central Banks Should Go Long

Stock quotes in this article:FNM 

Recall, the real estate market was starting to show signs of a heartbeat just as the equity markets started their massive unwinding. If we instilled some sort of base in equities, I believe confidence may begin to trickle back into the system. Confidence is the missing ingredient, and confidence in the stock market begets confidence everywhere: in real estate, in employment, in spending and most importantly now, in lending.

I am not a Harvard economist, senator or a Treasury Department analyst, but I see the picture from the ground up. I am sure some will say that I am being self-serving in my solution. I am not. I told you that I am almost fully in three-month Treasury bills and some N.J. bonds. The total of my equity position is less than 5%. I am truly concerned about our wonderful country and our wonderful way of life. With all the very intelligent fixes (which haven't helped so far), I offer a relatively simple solution. Too simple? Perhaps, but I am a simple guy and simple has served me well. Washington might take a dose of simple. What they are serving up (complicated stew) doesn't taste too good.

Trade with your head, not over it.

>To order reprints of this article, click here: Reprints

Eric Bolling is a host on the new Fox Business Network. Bolling was one of the developers and original panelists (nicknamed "The Admiral") on CNBC's "Fast Money."

Bolling is an active trader specializing in commodities, resource trades and ETFs.

Bolling is a member of several exchanges including The New York Mercantile Exchange (NMX), The Intercontinental Exchange (ICE) and The Commodity Exchange of New York.

After spending 5 years on the Board of Directors at the NYMEX, he became a strategic adviser to that Board of Directors where he assisted in bringing the company (NMX) public. He has been included in Trader Monthly Top 100 in 2005 and 2006. Bolling was the recipient of the Maybach Man of the Year Award in 2007 for his contribution of philanthropy and willingness to de-mystify investing to Main Street.

Bolling graduated from Rollins College in Winter Park, Florida and was awarded a fellowship to Duke University. Bolling was an accomplished baseball player. He was drafted by the Pittsburgh Pirates where he played before his career was cut short due to injuries. He honors his baseball past by sporting the NYMEX trader badge, R.B.I.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,419.86 1,313.32 2,837.36 16.02
Oil *
103.34
DOWN
160.83
DOWN
19.10
DOWN
33.63
DOWN
0.23
10 Yr
1.60%
SPDR Gold
151.91
-1.28%
-1.43%
-1.17%
-1.42%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet