Tuesday, April 7, 2009

Am I convinced the bears are back?

You all know that earnings season will stink... The rally provided awesome entries on SKF, SRS, FAZ, DUG, SCO... i can go on and on with the short ETFs. But in hindsight i wish i went with a LEAP PUT instead on THE LEVERAGED BULLISH ETFs. The 2011 LEAPS actually look pretty cheap.

Anyway, if we somehow finish green, we have a long bear rally... Otherwise, we are set for another bull vs. bear deal with earnings that may be "not as bad" as expected. If we do get earnings that bomb... HELLOOO BEARS AGAIN...

I am totally jealous of you guys getting FAZ<20 & SRS<40...

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