Wednesday, November 11, 2009

Portfolio Update 11/11/2009

We are still in cash. I believe the dollar could have one more push lower before an explosion higher, accompanied by a large drop in the stock market.

"When in doubt move to cash."

U.S. Dollar Index (DXY)

Allocation: 100% Cash

Trades I'm pondering:

1) Long U.S. Dollar (UUP)

2) Short Gold (GLD)

3) Short Macy's (M)

4) Short Mylan (MYL)

5) Short Freeport McMoran (FCX)

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