Wednesday, December 1, 2010
Will Restart Shorts
This is a selling opportunity, you gotta sell the rumor of Trichet bringing out the nuclear option for the ECB buying all kinds of crappy PIIGS debt. They have no choice, it is that or economic armageddon. This is no time to chase strength, we have a change in the winds, we have the doors to fear opening, it will pay to sell rallies for at least another week or two. I am going to look to reinstate my short positions this morning.
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