seriously ?

Why I'm Committed to the UltraShort Financials ETF

Dear Jimmy,

This is a trader driven event. It is not a systemic event.
Agreed, but if this is the case why do you keep talking about BAC's fundamentals as if they really matter here ? SKF is clearly in a speculative "bull" phase. May be a good short term play, but how much lower can BAC and company go ?

We all know the entire herd can't feed at this trough, especially as it is herd...err.....trader driven ... right ?

A Short Comment on Shorting

liked what you had to say about stress... I always think that is MOST important.

If your portfolio is driving you nuts, you are doing it wrong!

I have being feeling very "settled" as of late. I sold off a good bit of stock when the fed started "injecting liquidity" and have recently started to straddle the VIX , so i'm longer cash now and have a small bet on GLD and a small bet on the volatility of volatility. I'm feeling little stress...