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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (331)8/23/2006 5:19:29 PM
From: Perspective  Read Replies (1) | Respond to of 361
 
It looks like a "safe" short, but I don't like the composition and I don't like the beta. I think there are likely much better ways to fade consumer discretionary spending.

Look at the holdings:
finance.yahoo.com

There are a few poster children of the consumer debt binge in there, but I don't have a gut feel on about half of them. I'm not sure how "discretionary" some of them really are.

BC