My Favorite Position Of All

B

ByLoSellHi

My new favorite position of all:

SKF ProShares UltraShort Financials ETF

Let us see how how financials hold up in what I feel will be the storm of the credit squeeze that I believe is working its way onto land.

The signs of credit restriction and tightening lending standards are everywhere, spawned by, but in no way limited to, the mortgage crisis that has begun to unfold.

Mortgage lending trumps all else in size and mass, and has a trickle down effect on consumer credit.

From home equity gushes credit card spending.
 
Quote from ByLoSellHi:

My new favorite position of all:

SKF ProShares UltraShort Financials ETF

Let us see how how financials hold up in what I feel will be the storm of the credit squeeze that I believe is working its way onto land.

The signs of credit restriction and tightening lending standards are everywhere, spawned by, but in no way limited to, the mortgage crisis that has begun to unfold.

Mortgage lending trumps all else in size and mass, and has a trickle down effect on consumer credit.

From home equity gushes credit card spending.
More...

Not much volume, even last week.
 
yeah, but get the spread sheet of the stocks (I'm reticent to say "securities") in the Financial index. All the Prime Brokers, all the Subprime lenders...... It's like being the wolf, and seeing the three little pigs in the straw house. Except it's Ultra, 2:1, so it's like six little piggies.

Oh yeah. Palm position. Less backtalk, no shopping, and the worst is just excellent.
 
You must log in or register to reply here.
Back
Top