Register
Hello, !
Edit Profile | Logout

This Rally is Real!

Rating: not yet rated    Vote: Terrible (-3)Worse (-2)Bad (-1)So-so (0)Good (+1)Better (+2)Best (+3)
User name*: '    Password*:
or register if you are a new user
User name*:
First name*:
Last name*:
Password*:
E-mail*:
Retype e-mail*:
Opt-In: Yes, send me email from InvestorPlace Blogs regarding blog post notifications and voting/commenting bulletins, along with The Investor Post weekly e-letter. Please un-check this box if you would prefer not to receive email from us.
Privacy Policy
InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.

I've been waiting for the inflection point and I have found it. With this entry I am covering all existing shorts and deploying cash in a major why. I want to be long banks, financials, technology, homebuilders, transportation and consumer stocks. I want to be short oil. To get there I will be buying additional shares of existing holdings in my portfolio and adding a few new etf's to increase diversification. The new holdings are the ProShares UltraShort Oil and Gas (PBW), PowerShares WilderHill Clean Energy (PBW), and IShares Transportation (IYT). My decision to keep 70% of my portfolio in cash has served me well this year, but now it is time to take some risk. There is way too much fear in the market. It has been my experience that big gains are to be had at times such as this. I'm putting on a brave face and deploying my cash.

Jamie Dlugosch
The Rational Investor

Tuesday July 22, 2008 : 12:05 PM

Post a comment

You are logged in as . Log out


Comment Preview
Preview your comment here

You must be logged in to comment. Click here to register.