Peter Grandich ProShare Ultra Short 7-10yr Tr. E.T.F. PST-N PAST TOP PICK Jan 15, 2010

Double leveraged reverse ETF. Word of caution, the company sponsoring this is Lehman Brothers.

A Short on treasuries. Last gigantic asset bubble is US treasuries. Maybe even bigger than housing. Believes that interest rates will be going dramatically higher in the next 3 to 5 years. (Will be Buying in the next few days.)

ProShare Ultra Short 7-10 yr. (PST-N) vs. ProShare Ultra Short 20+ yr. (TBT-N). You really have to watch carefully for a good spot to step in. Government stimulus will ultimately result in inflation. Inflation means lower bond prices. Government is going to have to step into the market and float a whole bunch of bonds and we don't know if there is an appetite out there for this.