Friday, June 19, 2009

Let the games begin! There are NO RESET buttons on an economy!

Dear Investors,

This rally is now entering an extremely dangerous phase - the cyclial turning point July 5/7th is near, plus the believe in a magic reset button for the economy is other words: I am going net short and looking to built maximum short exposure between now and end of first week of July.

Nice week-end,

Steen Jakobsen

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