Doug Kass wtf?

Discussion in 'Wall St. News' started by Free Thinker, Apr 1, 2010.

  1. how many times can you go all in short? claims all in short on 03/08/2010 and today doubling down. i like doug but WTF.

    DougKass: favorite long twm.. favorite short iwm DOUBLEING DOWN $$ today
    DougKass: Still in Net Short Mode: During the day, I have hedged out more of my longs, and I have added to my index shorts. From RealMoneySilver
    DougKass: Favorite Short IWM - S&P appears to be making a triple bottom relative to Russell - like 2006 and late 2008 - both times indices whacked $$
    DougKass: I am adding to my RUssell short calls now $$
    DougKass: market advance appears to be maturing... shorting jun iwm $63 calls now above $6.70 $$
    DougKass: Favorite Long and Short: Double your pleasure, double your fun?~Favorite long: UltraShort Russell 2000 ProShares (... From RealMoneySilver
    Doug Kass
    Bearish on Russell
    3/19/2010 9:50 AM EDT

    I am all-in short the iShares Russell 2000 Index (IWM) and long the UltraShort Russell 2000 ProShares (TWM).
    DougKass: buying twm now (inverse russell)
    DougKass: I pressed all my shorts today into the ramp.... as grandma koufax woulds say... "Dougie, meshuganah is trump. (Craziness is three fold) $$
    DougKass: all in short now $$ 03/08/2010

    DougKass: Russell Index is getting rusty - first day of weaknesss since my Bar Mitzvah! Might portend broader market weakness Increasing shorts $$