Chess and wargames have a lot in common in investing. Wargamers are familiar with ancient tactics such as Scipio's Defense. Opening chess moves are loosely classified into gambits and defences. I attempted a nifty defense maneuver using the Saizen REITs in the face of poor market conditions a few months ago. For the technical details, you can refer to Bully the Bear's article on what he did for Saizen stock. The strategy is to put money in a safe place with a guaranteed exit time and then exploit the market for more opportunities later. This is a good for folks with a cash reserve and want to fight off inflation. The generalised strategy is as follows : a) There has to be bearish market with great uncertainty over the next 6 months. b) One stock is being taken private at a fixed date with a projected price. c) The exit ......