As the real economy worsens, so does the toxic debt that the corrupt global financial system has exquisitely baked into every aspect of modern life (producing a devil's food cake that would turn Betty Crocker into a rageaholic).
There aren't any industries left to absorb the rapidly increasing jobless 'population'. Therefore, I'm going to add to my short positions with some potentially underperforming SPyDeR's.
I'll be looking carefully for longs, but for now...these are sure to underperform.
RESOURCES
ALPS Distributors, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust Series. Select Sector SPDRs is their website.
Sector Tracker - Select Sector SPDRs
Select Sector SPDRs Chart - Select Sector SPDRs

Read JDShots' blog in RSS


February 24, 2009
Edited: February 26, 2009
Share This