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.

Countdown of Manipulated Gold Price Running Out

The play on gold right now is short. The euro is so weak that the dollar will gain even with the Fed's printing press and there is no inflation now or in the near future. We are in a hugely deflationary period and the price of gold will follow that trend.
Disclosure, Long DZZ(double short)

Predicting the Bottom in Gold

DZZ is still working, wait until the ETF's have to start liquidating.....