Tuesday, November 30, 2010

What Would the Founding Fathers Think?

There appears to be almost universal condemnation regarding the Wikileaks document dump issue. I have refrained from adding my 2 cents worth on the Wikileaks story. I would like to say I am shocked by some of the venom being spewed forth by the likes of Rep. Peter King who wants Wikileaks designated a terrorist organization and Bill O'Reilly who thinks Wikileaks leakers are traitors and should be executed or imprisoned but really I am not. Apologists and cheerleaders the lot of them.

Given this near universal condemnation of the Wikileaks dump, I humbly offer you the following pieces for your consideration.

Wikileaks reveals more than just government secrets. There are a couple of excellent sub-pieces included in this one with links to them. I encourage you to give them a read.

And a video below I strongly encourage you to watch by one of my favourites, Judge Andrew Napolitano. A man who, when he speaks, reminds me that there is some sanity left in this great country. A man who, I believe, our founding fathers would be proud to call one of their own. You think that maybe our founding fathers, the men who penned the Constitution and the Declaration of Independence, might think like this......

Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $19.34
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $19.65
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 1 unit U.S. Dollar Bull ticker UUP @ $22.56 stop @ $21.44
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.38 stop @ $7.84
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.61 stop @ $8.04
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.65 stop @ $7.98
Long 1 unit Barclays 20yr Treas Bond ticker TLT @ $95.61 stop @ $94.69
Short 1 unit Apple ticker AAPL @ $312.10 stop @ $314.71

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