Negative Variables

There have been some negative variables that is supporting my double-dip recession thesis: * Capital One (COF) reported a spike in credit card deqliencies in July * Lowe's (LOW) quarter was absolutely terrible and guidance disappoints. LOW missed on both revenues and earnings but I will add to my LOW position on this weakness, in belief that the company will have a strong 4th qtr and 2010. I will look to add in the $19's and below.