2008 Trades: Short AAPL, Long Yen/Short Euro

Discussion in 'Trading' started by detective, Jan 10, 2008.

  1. 1) Short AAPL
    The most overowned stock in the universe and ripe for a heavy selloff this year.

    2) Long Yen/Short Euro
    The yen is artificially low due to the yen carry trade. With a boatload of hedge funds due to go out of business in the next couple years, the carry trade will unwind in a big way. The euro will lose out the most out of the 3 big currencies as it is the most overvalued.