I short ABX.TO without anticipating so many funny things happened today. ABX removed his hedge position on Tuesday which exposes itself to the SHORT.

I expected unemployment would be bottomed between November and Jan/Feb. I also expected USD will jump by the end of this year due to this. I mentioned this a few months ago.

Unemployment recovery may be a U shaped one which may be characterized with an initial quick recover followed by a slow follow-through. Gold would suffer the most among gold, commodities and oil. The other two may be shocked initially or not at all.

Again, this is for the short term play with risks going either way. ISM did not look as bad as the number, so I made a small bet on Wednesday. Employments always look better for November and December due to seasonal hiring.

I also bet on BJ today with a long position, hoping Santa Clause bought all the goods for gifts.