Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Boca_PETE who wrote (42776)	4/8/2009 3:38:51 PM
From: Skeeter Bug	of 42834

Boca, good short term calls. i'm currently playing SRS big as i'm convinced the recovery bets are just stupid bubblenomics being put in play by people that need more than a 50% haircut. the bad news this Q will be bad. the commercial real estate news will be awful and the outlook will be dark. there will be no 2nd half recovery and i think it will become obvious within 45 days. the recent un up in IYR was nothing short of insane foolishness. i don't mind holding some TBT, CEF and NGD on the downswing, because i hope to get into them in size at lower prices. i want to have a decent position now as they can shoot up at any time and never return to current levels. 650k jobs lost per month will take an enormous toll on housing prices, the banking sector and the overall economy.

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