LONG / Short Portfolio Style 11/20/07 Every dog has his day and the portfolio is making a killing hitting the shorts right on the head. Have been stopped out of many of my long positions, with the exception of natural gas plays, Canadian Oil trust plays and FSUMF on the Australian market which will double to 100 in 2008 11/12/07 I have been stopped out of many of my stocks and the shorts are making up for all the small losses. The Leaders of this market that carried it to its highs have now broken down. Google, Apple, Rimm, Cisco and China Mobile- this was one of the major indicators I have been watching for!!!
10/31/07 Although I am still negative on the market intermediate term , I am not going to fight it during the short term. Be nimble, use and update stop loss orders, slowly lock in profits on large gains, look at some dividend payers and think outside the box. Consider hedging your longs with a small position on PSQ or DOG (they work as shorts). I still like the Canadian energy trusts and enengy plays like DVN, XTO, UPL and natural gas in general.
12/1/06 This market is overheated but still shows signs of further upside. Be nimble, this market could (and should) retrace this move. Have exit strategies for your postions. Raise cash. Look at puts, shorts and PSQ