Peter Grandich PowerShares DB U.S.$ Bear E.T.F. UDN-N PAST TOP PICK Sep 25, 2009

(A Top Pick Oct 24/08. Up 14.16%.) This is shorting the US$. There's only 4% Bulls on the US$, which makes it a screaming buy for contrarian investors for a short-term reversal but longer-term he is still quite bearish.

Peter Grandich

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Believes the US$ is going through a bear market rally, greatly enhanced by an unwinding of many global strategies where people were short the US$. They have been forced to unwind in this meltdown.

PAST TOP PICK

(A Top Pick Oct 24/08. Up 15.8%.) Still looking for the US$ to make new lows of the US index of around .70.

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Peter Grandich PowerShares DB U.S.$ Bear E.T.F. UDN-N PAST TOP PICK Sep 25, 2009

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