Tuesday, December 9, 2008

Great Shorting Opportunity

Let me get this straight: Obama releases a harebrained scheme with the word "infrastructure" in the headline. Close analysis reveals that the plan involves changing light bulbs in government buildings.

As a result, manufacturers of construction equipment that you can buy slightly used at huge discounts rallied strongly. Also, the worst most heavily shorted stocks rallied the most.

Does that make any sense?

Short COF, JOE, WFC, WY, BBY, CAT, etc.

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