Nov 20 2008

5 Short Stock Picks for the Weak Economy

If you’re not shorting in this market you’re probably not making money.  My investments are 100% short.  I could try to side-step the earnings bombs and make money go long, but the risk/reward is more favorable for shorting.  I’ll continue to short until the market kicks my butt and tells me to turn the other [...]

TAGS: , , , ,
Oct 16 2008

Black Thursday Trading Advice

I’m running on fumes due to a week of flying cross-country for business, but I thought I’d leave this trade for you readers.
Short the XLY this morning.  This is the Select Consumer Discretionary Spider ETF which aims to track consumer discretionary stocks.  Discretionary spending should fall as the state of the economy goes from bad to worse [...]

TAGS: ,