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Strategies & Market Trends : Moufassa's Lair

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From: GREENLAW4-73/25/2009 9:48:19 AM
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Adding some OSX shorts, DUG, oil looks very toppy, so does the index.

I expect lots of warnings in the OSX space in next few weeks.

USD will be rising back to the 90 area and fully expect 100 on it into the next down leg of markets.

COF looks incredible at the 14 area for shorting, this stock should be 4-7 in this economic enviroment and expecting change in Bankruptcy law back to hurting the Credit companies.

Last few days have been tough but so goes these Bear Market Jumps.
FAZ is a sad case of how these ETF's decay overtime, but the short ETF's in this enviroment should adjust. As an owner of SKF, and SDS, and SRS from time to time is evident that they do correct back to the norm once market direction resumes to the downside.

Good luck all!
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