Wednesday, April 20, 2011

Theatre of the Absurd - Act 1

The videos by Max Keiser are not very long and are well worth your time. As the individual in the video states "it's the theatre of the absurd". The only thing left out is that it is only Act 1 with many more to follow.

Part 1

Part 2

Housekeeping notes;

I was stopped out of my long UUP position late last week at $21.44 for a loss of just over a pt. on 1 unit.

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 @ $96.70
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 @ $98.25
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
Short 1 unit Darden ticker DRI @ $49.51 stop @ $49.71

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