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Peter Schiff, Max Keiser, Jim Rogers, Marc Faber

Schiff also said this week that he's closed all his shorts and is 'LONG' again, buying stocks (perhaps not bank stocks). Rogers also said he'd closed all his (and presumably Soros') shorts before Thanksgiving.

"Schiff also said this week that he's closed all his shorts and is 'LONG' again, buying stocks (perhaps not bank stocks). Rogers also said he'd closed all his (and presumably Soros') shorts before Thanksgiving."

Yes, and that is simply due to a brief Dow rally caused by massive bailouts, as I mentioned earlier. The Dow is following bailouts. A brief rally causes massive short-covering, which inflates the rally and boosts the dollar.

However, fiancial sector fundamentals remain heavily impaired. Banks receiving large amounts of bailout money are teetering on the edge of bankrupcty, with nothing long term to bring them back, and only short-term cash infusions delaying the inevitable.

If Schiff stays in long dollar-related positions, he will be hammered to pieces just like everyone else who follows that course. If he is long in foreign stocks, foreign currenices, commodities, and hard assets, he will do ok.

Rogers is in some long dollar-related positions riding this brief brief bailout rally. I suspect he is watching it like a hawk, waiting for the rally to reverse, which it will soon.