General Stock Ideas

[bigworld]

food: I have temporarily switched to the long side with major purchases of XIV, SLX and XME. I took the profits I had on my short positions and will ride the relief rally for what its worth. I'm hoping my XIV will go from $10 to maybe $15 or $16, and XME and SLX to rise into the $60's before I return to my short plays. Remember, we're in an extended stair-step down generation bear market. THere will be momentum swings both ways all the way down. Watch the VXI. When it gets low (below 20) start shorting, and more aggresive as the VIX drops below 20. When the VIX rises above 40 it is a wise choice to go long. Play it like investment ping pong.