Wednesday, 30 January 2008

Increasing the S&P500 short

Sold another ~$26,000 or so of S&P March futures at 1357, doubling my short (I'd shorted at 1327 last week).

I'm so bearish.

Maybe I read Mish and Roubini too much.

Looking at shorting some homebuilders and REIT's also, I don't know much about the REIT sector, although stumbled across an unbelievably good blog, http://boombustblog.com/, which was discussing the sector (and GGP in particular) in a lot of detail. Very negative.

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