Short Side Of Long: Quote Of The Day

Tuesday, August 23, 2011

Quote Of The Day

"When banks and deposits are not safe and governments are bankrupt, it is time to buy canned food spam, guns, ammo, gold bars and rush to your mountain log cabin." ~ Nouriel Roubini

1 comment:

TihoAugust 26, 2011 at 5:20 PM
Roubini being an ultra bear again!
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Trading Diary

Last update 11th of March 2013

Equities: Short positions are held in various US equity sectors, which include Technology (XLK), Discretionary (XLY), Industrials (XLI) and Dow Transports (IYT). Large put options have been bought on Apple (AAPL).

Bonds: There isn't a lot of exposure in the bond space, as we believe this sector is experiencing euphoric investor demand. Call options have been sold on Junk Bonds (HYG). Plans to short Long Bond Treasuries (TLT) in due time.

Currencies: Long positions are held in Japanese Yen (FXY). Short positions are held in Australian Dollar (FXA).

Commodities: Long positions are held in various commodity sectors, which include Silver (SLV, SIVR, PSLV, Comex futures), Agriculture (RJA, JJA) and Sugar (SGG). Plans to increase longs in PMs and Softs in due time.