Getting lonely here on the BBG thread. Anyone else Short at the moment?
I see BBG having a hard time getting above $11 for a while.
That said, if the markets go for an end of year run I think BBG would be another Short later in Q1 2010.
My arguement is that the US dollar isn`t going anywhere fast with the Fed`s current mission to keep the US official interest rate low, thereby holding down the US$. That in it self is like a noose for BBG, along with a worn out US consumer.
talktome
BBG Price at posting:
$8.24 Sentiment: ST Sell Disclosure: Held