Macro Tsimmis

intelligently hedged investment

SELL PowerShares Water Resources (PHO)

Posted by intelledgement on Tue, 11 Nov 08

We are hitting the silk here—at a loss, to boot—not because we don’t like the infrastucture/fresh water scarcity story long term, but because we like the dollar more with deflation looming…and we expect to be able to get more shares of PHO for our money down the road aways.

Previous PHO-related posts:


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