This week will be very interesting, as a record amount of treasury debt will be auctioned. I tilted my account net short Friday, for the first time in a while but its nothing major. If I had a 50% cash position, I would not be short at all but I don't want to take unrealized losses.
As for longs, I like things related to smartphones, tech, banks, and shippers. TQNT, OVTI, QCOM, BCRM, EXM, DRYS, KEY, STI, BAC, MSFT, AAPL.
I expect the shorts to invade RIMM but will probably hold it out and add more. From a value play, NOK seems cheap as well as HES
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