When Jay-Z and Giselle Start Giving You Currency Advice, Sell!

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November 8, 2007

This Jay-Z/Giselle weak dollar story is sure getting a ton of play. Don’t know about it?

Supermodel Giselle demands to be paid in Euros from now on.

Jay-Z flashing 500 Euro Bills in his new video instead of dollars.

Famous quote from Joe Kennedy, “When the shoe shine boy is giving you tips, sell!”

Well here we have Jay-Z and Giselle making it known to Joe Bag of Doughnuts that the dollar is weak. Well guess what? Its a little late. Dennis Gartman has mentioned on Fast Money that he’s never seen such a one sided trade as the shorting of the US dollar.

So when Jay-Z and Giselle start giving you currency advice, it might be time to cover that dollar short.


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  • Guest

    Hey sensei… another crazy day. I haven’t touched my account today after selling almost all my positions.

    One bright point today was FSLR after earnings were announced. Up huge… The options crushed it at one point up 4000%. Lol.

    Anyway… I’ve been shopping around for solar the ones I’ve been watching for some time are STP, SPWR.

    Today I stumbled upon JASO. Looks promising for a gain on the nov70calls…. they report in the am. Up 9% as of this post. Thinking about pulling the trigger.

  • romaitas

    Hey sensei… another crazy day. I haven’t touched my account today after selling almost all my positions.

    One bright point today was FSLR after earnings were announced. Up huge… The options crushed it at one point up 4000%. Lol.

    Anyway… I’ve been shopping around for solar the ones I’ve been watching for some time are STP, SPWR.

    Today I stumbled upon JASO. Looks promising for a gain on the nov70calls…. they report in the am. Up 9% as of this post. Thinking about pulling the trigger.

  • http://www.stockrake.com Sensei

    Nice hit on FSLR. AMAZING day today there.

  • http://www.stockrake.com Sensei

    Nice hit on FSLR. AMAZING day today there.

  • Guest

    I didn’t have positions in FSLR… lol but I wish I did. I didn’t get in on JASO… up AH. Good luck with the Yahoo

  • romaitas

    I didn’t have positions in FSLR… lol but I wish I did. I didn’t get in on JASO… up AH. Good luck with the Yahoo

  • http://www.stockrake.com Sensei

    I plan on getting rid of them tomorrow. It was another trade outside of my parameters. I don’t know why I keep doing this.

    Gotta get back to my roots.

  • http://www.stockrake.com Sensei

    I plan on getting rid of them tomorrow. It was another trade outside of my parameters. I don’t know why I keep doing this.

    Gotta get back to my roots.

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