Nov 06, 2009 - 4:54 AM EST
Jason Schwarz submits:Back on December 5, 2007 I sent the following note to investors (economictiming.com):
The rate of change of economic data is worsening so it’s time to short the following group of downside leadership: Financial Sector SPDR (XLF) at $30.60, MGIC Investment Corp (MTG) at $23.75, Amabac (ABK) at $23.70, Countrywide Financial at $10.45, Freddie Mac (FRE) at $33.30, Beazer Homes (BZH) at $8.13, PMI Group (PMI) at $12.65, and Citigroup (C) at $33.40.
Source: Seeking Alpha (Nov 06, 2009 - 4:54 AM EST)