Why I'm Committed to the UltraShort Financials ETF [View article]
Ames Tiedeman wrote: "SKF is a now a buy or near a buy. The financial mess is not over." The question is not whether the financial mess is over yet. The question is, will it be worse than people expect it to be. People already expect it to be pretty bad. The expectations are already in the stock prices.
Why I'm Committed to the UltraShort Financials ETF [View article]
The article was posted the morning after SKF made its all-time high above 211. Now it's trading 3 days later at 131. Have to have a strong stomach to ride it down $80 a share. Next time I might use this author's article as a contrarian signal :)
Why I'm Committed to the UltraShort Financials ETF [View article]
Why I'm Committed to the UltraShort Financials ETF [View article]
Why I'm Committed to the UltraShort Financials ETF [View article]
Well then ... I guess this was one of the worst days of your life in the market.