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Adding Short Exposure on the Fed Pump

 May 01, 2008 12:10 PM UTC
Symbol Sentiment Start Return Closed
TWM Positive 05/01/08 -61.26% --

Graphic_arrow1 Via Short Stock Ideas from Seeking Alpha:  

The Fed Pump was our last catalyst to break through 1400.<!--more--> I'm going to be more
negative, and if we pop to 1410, 1420 etc on S&P 500, I will began
layering in even more shorts.




Since I don't know what the flavor
of the day will be (strong dollar? weak dollar? commodities are great?
homebuilders are great?), I'm using the broadest short I have which
avoids the Dow stocks (multinationals, baby) and focuses on those
needing the power of Americans, Russell 2000 (TWM). When the hedge fund
computers decide if this is a time to jump right back in weak dollar
plays, or to continue this recent rotation out - I'll pounce. For now -
who knows what the algorithims are saying... they are probably fried.


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