March 20, 2009
– Comments (5)
CAPS one week ago:
It appears Roubini is starting to see the FU virus.
Is there a doctor in the house????
Ok Mr. Roubini, lets short discount retailers as the economy rebounds and people shift to higher end retailers.
WMT, COST, BJ, NDN, FRED, DLTR
Discount retailers to short Mr. Roubini
The solution is simple....prepare.
Pay off debt...live within your means.....act responsibly....drink in moderation....party hard.....drink in moderation again......party harder....play with your kids....play even more with your wife........and if your neighbors wife is really good looking it is OK to fantasize occasionally
It ain't no not too difficult if you don't complicate too much.....and let me tell you....there was a time in Alstry's life where it was way too complicated.
Would not buy ahead of Existing home Sales Monday:
My guess is Alstry will start buying long when the DOW is somewhere between 500 and 1000....looks like I may be a buyer this Fall.