"Yikes....I am shorting the Market"

OK, I dumped what was left of my MasterCard stock and shorted the market another $6000.

My "short" postion is now $95,000................I am betting on negative reaction to Obama's State of the Union Speech.......a 5% to 10% drop? Hey, it worked for me last week!

"Short the Market"

OK, I sold $70,000 worth of commodities & stocks......then shorted the market with DXD shares!  We'll see how that works.

I dumped all bank stocks back in November.  Folks we are facing yet another crisis brought on by the same people who helped cause the first one....greedy bankers and traders!  Why would they want to destroy the very system that makes their huge profits for some short term gains?

What would Jesus do?

Down Market as Dems Bail!

The market is down today as much as 200 points as Democratic investors bail from their inside trading healthcare stocks, knowing that their cash cow will never pass!  Oh no, a conservative wins!  Polosi and Reed are running in fear for the November election.  It's the conservative backlash , baby!

Foreign Markets Show Gains

A nice gain today on european markets, both in stocks and commodities.  Up about 1%
Don't whine about the cost of gasoline...buy oil stocks instead!

Gold is up!

Top Percentage Gainers:

ETF CE TRADE Financial 5.2%
S Sprint Nextel Corp 3.5%
VLO Valero Energy Corp 2.7%

Portfolio is down 5%..........did Obama speak?  I maintain that commodities will continue to be strong, particularly agriculture.

Market Vectors Agribusiness:  MOO +82.44%

PowerShares DB Commodity Index Tracking Fund:  DBC +12.9%

Market is almost back to normal !

OK, one day of positive growth in the market and I have almost all my losses for December back!  No real postive signs the economy is booming, if anything most signs are negative.  Ten years for jobs to recover?  What are people to do?

2010 A New year for Investment?

A week ago I started "shorting the market" with $8000 worth of DXD,  PowerShares DB Commodity Index Tracking Fund, an ETF.  So far, so good......except for today of course, no big deal.

I have maintained a strong presence in commodities...agriculture futures, gold, oil, and natural gas!  With the terrorism increase (real or imagined) I have a fairly strong stock level in various defense stocks and funds.  I believe that 2010 will be the year that premptive strikes against Iranian nuke sites will take place, by israel or in partnership with the United States.

I'll continue to believe that gold and oil will be strong, the dollar weak, and war is looming on the horizon.