Tuesday, January 6, 2009

Forbes Magazine actually has a good quote...

Perhaps a less popular question investors must consider is, "Why buy stocks after a near 25% rally in six weeks?" In other words, if selling after a 40% decline in 12 months does not make sense, does buying into a 25% rally in six weeks make sense?

I was just thinking the same thing, so I am neutral: 20% long, 20% short, 60% cash.

My longs are risky as f**k stocks including: AKNS, APWR, GU and GFA

My shorts are the pathetic ETF's: FAZ and SRS (at least they are not the FXP)

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