Alpha Prophets
Wednesday, November 11, 2009
Portfolio Update 11/11/2009
We are still in cash. I believe the dollar could have one more push lower before an explosion higher, accompanied by a large drop in the stock market.
"When in doubt move to cash."
U.S. Dollar Index (DXY)
Allocation:
100% Cash
Trades I'm pondering:
1) Long U.S. Dollar (UUP)
2) Short Gold (GLD)
3) Short Macy's (M)
4) Short Mylan (MYL)
5) Short Freeport McMoran (FCX)
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