Market Sentiment

Why would long term investors sell now?

Many reasons. Obama's policies alone are vast and bearish. Long term YOU should be bearish.


However, market sentiment is soooooooooo bad right now. Everyone expects the market to go lower and really there is no reason to think that it won't. This means that you should not be shorting.

I'm currently exposed to the following longs and/or am looking to scalp longs in the following:

WFC
LNC
GE
BNI
RIMM: I like it at $30
UYG/FAS
PBW
BAC

Has the market priced in 15% unemployment or 10% unemployment? I think the market HAS priced in 4 years of Obama in the White House and 10% unemployment but not 15% unemployment.