Friday, September 17, 2010

Sticking with the Plan

You see the action in PF changs! Wow what a pop.

I am sticking with my plan. AAPL, GDX, VXX, FCX are all in the dog house. Tops take time, insider selling is at an all time high bonds are showing unusual strength. We are in era of stagflation or deflation. The everything needs to deflate so people can pay to eat and live. Equities will suffer!

All of the steel makers are missing Fed ex missed and that is more important the jobless claims. The current portfolio is about 70% short. I am looking to go 150% short (margin) by the monday if we get a large gap up. If we crash from here (i don't think will happen) then i will simply take profits.

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