Dirtt

Ultrashort ETFs: Now It's Less Embarrassing to Admit Owning Them

Couldn't you keep this secret and let the cat out of the bag at higher prices?

Next week should be fun. I'm expecting "them" to try and pump some more life into the indexes. And unlike the mystery behind the location of the TARP money (UBS...shhhhhh!) empty malls and commercial space is getting harder and harder to hide. Especially when advertising the availability of the space is how it gets filled.

Looking at some of the weekly charts you almost have to refrain from drooling on the keyboard. Keeping the coffee away is hard enough. But remember to expect the unexpected. I'm just hoping the unexpected right now is that "they" won't let the bulls out or the bears in.

I'm constantly seeking reasons why I'm wrong on a trade but with hard to hide results the FED may want to switch from unattainable cheap money to injecting opium into the nations water supply.

That could throw some cold water on the bear plight. Good hunting out there.

P.S. When the "short seller" was being vilified in the media for bringing down the banks (and not the bankers/pols who really brought down the banks) I was wearing my ultra-shorts like they were badges. The problem was that by the time I could explain what an ultra-short was they were too many beers in to care anymore. God help us.