Tuesday, August 12, 2008

Time to build up shorts in financials, CRE, and retail

is now. Better early than sorry. See you at the end of the tunnel.

4 comments:

gtt said...

Done, was early at 86 on SRS two days ago but caught SKF at 113 this morning before the ramp. Yessir, Mtgspy, right here beside you, locked and loaded, hoping i'm not by mistake holding gun with blanks.

Care to opine if the WM Jan 2.5 puts too expensive?

MTGSPY said...

I have an idea:

use the lowest level financial junk (ABK/MBI/DSL/BKUNA/FRE/FNM) not to invest short - think of their deteriorating problems as the # of vultures circling over rotting dead bodies.

YOU don't wanna fight for THOSE, do you? Or do you think it's too tasty and the birds can be the appetizers? :D

Anonymous said...

nice timing.

MTGSPY said...

UCFC just got cease and desist. this is gonna be a long FALL season *pun intended.