pitaking

Best Stocks for 2009

On Dec 26 02:02 PM bobbobwhite wrote:

> Note that none of the above comments ,or the article, said a word
> about short or ultrashort ETFs being the best buys for 2009. Is it
> possible that we all do not think the world will end soon?

The best pick for 2009 will be the SRS and SDS after we see a 15% rally in the S&P. The housing collapse is still in the middle innings in the US and early stages around the world, credit is still frozen and we are staring down the barrel of 2 options with the US dollar, deflation or hyper inflation, neither will be very helpful to the average citizen. Obama rally until the spring, short everything the rest of the way. S&P 400-600 a year from now.
>
> It seems to me that most "investors" are still economic Pollyannas,
> all thinking positively about the market in 2009 and its return to
> normal. Sorry, but I think all of you are wrong and that you will
> be painfully punished for your excessive optimism. Wait and see.

Buy, Sell, or Hold Fertilizer Stocks: Agriculture Bust (Part II)

These are momentum names and the mo is working against them right now. I'm waiting for Pot at $140 for a monster run but the drop isn't done yet.