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Justin M. Hall
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In transition, I plan to update my Bio in the near future. -- Justin
  • ETF2Watch: US Dollar  0 comments
    Feb 4, 2010 10:30 AM | about stocks: UUP, GLD, SPPI, ARIA, ENDP, CELG, IMGN

    Back on November 20, 2009, I noted the following:

    1. Get Defensive: Drug Makers &  Consumer Goods
    Here, I like small cap drug makers best.  Examples, I like and own both Spectrum Pharma (NASDAQ:SPPI) and Ariad Pharma (NASDAQ:ARIA)

    Other potentially positive, near-term plays include: ENDP, ONXX, CELG, CEPH, IMGN, and OSIP (as of 11/20/09).

    2. When "IT" hits the fan - deflation pressure or a market correction (currently ongoing):  The US Dollar is viewed as a safe haven.  

    Here, investors should set aside inflation fears and  buy some Dollars via PowerShares DB US Dollar Index Bullish (UUP).  During such a downturn, correction or double dip, Oil should be sold and/or avoided.  Observe Gold (NYSEARCA:GLD) and most all other commodities from the sidelines.


    Disclosure Long ARIA and SPPI. 
    Themes: Currency Stocks: UUP, GLD, SPPI, ARIA, ENDP, CELG, IMGN
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