Overbought stocks and currencies (in bear market) could be in for a big sell. Index puts and currency puts on risk currencies, namely commodity producing currencies. Bad news will come in thick and fast into 2009. Banks stocks are risky as they may prove more volatile, good for short term trading, otherwise sit on sidelines for a long term opportunity. Gold and silver are a still good hedge. Japanese stocks could be attractive towards the end year, depending if Japan can bounce off it's depressive bottom. Possible ETF buys for larger Japanese companies. Watch pharmaceuticals developing or distributing flu and viral drugs, especially Malaria (spreading due to global warming).
*morbius glass does not give investment advice. Trade at your own risk
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