Seeking Alpha

Justin M. Hall's  Instablog

Justin M. Hall
Send Message
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
     APPLICABLE TODAY


    Back on November 20, 2009, I noted the following:
    PLAYING THE DOUBLE DIP

    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.

    versus


    Disclosure Long ARIA and SPPI. 
    Themes: Currency Stocks: UUP, GLD, SPPI, ARIA, ENDP, CELG, IMGN
Back To Justin M. Hall's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.