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RVAspeculator (28.40)

January 2008



Hold your nose and buy

January 26, 2008 – Comments (0) | RELATED TICKERS: QQQ , TLT , GDX

Still short term bullish on the market, especially tech stocks, china, emerging markets, short dollar and bonds, long oil, gold, materials and the related oil, gold and material stocks. On Friday (1/25/08) I closed my outperform on the financials (WFC, C, CFC, BAC, XLF, UYG, SRS, WB, WFC). I have had this on since 1/8 and had excellent gains there…  Of course this probably means you should rush out and buy them considering the performance of the other stocks I have chosen after I closed them.  ETFC, PHM and CTX all went up another 20 –40% in the short week since I ended my outperform on them.  I know they were risky junk and I get nervous holding risky garbage, what else can I say?  I already had 30% on ETFC, who knew there was another 40%?  Why doesn’t CAPS let you sell half!  :)   [more]

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