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Nick from Germantown
2 Comments
Who's Wrong About Inflation? [view article]
It's hard for me to fathom how inflation has not shown up in the numbers unless there is a significant lag between certain input costs such as food and petroleum products with the finished products that everyone buys. Expenses have gone up so much, it's painful to watch the bulls get so excited at the most recent rally.Position: Short QQQQ and SPY May 20 09:36 AM
Why I'm Shorting Spain [view article]
I hope that you are putting this trade on now since you talked about doing so when the bear market rally fizzled. It's going to be hard to crush the dip buyers, but if the news flow turns I think we'll see the bulls run for the doors.The chart pattern for EWP looks bearish to me as it has formed a bearish wedge. I think the short trade can be put on at $63 with a stop at $66. This is why it's so important to have patience! May 20 09:15 AM