Long? Short? I wish you'd make up your mind. My portfolio can't take this whipsawing. And you call yourself a guru?
Going on a skip trip. Will be lurking, but it's kinda a pain posting from an iphone so I'll be doing less. Pray for powder (UT bound, Park City). First time there, but long time skier.
Tempted to get short something here to hedge existing long positions, but holding off for now. Interesting that long term rates are up today w/markets hitting fresh 52 week lows. US credit revulsion? Will probably sell remaining TBT. Should get one more panic push into treasuries over the next few weeks. Wait for fireworks.
edit, picked up some SDS right now. Partial position. Fresh lows should beget more lows over the next few days.
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