A modest trader is a sharp trader and we at Diamond Slice maintain our short strategy, despite the rally extension in U.S. equities . Fundamental economic data continues to show that the broad economy continues to decline despite government stimulus efforts to increase consumers' ability to purchase goods. The home purchase program is extremely attractive and will have soon run it's course, creating short term demand for depressed prices on real estate as first time buyers drudge into the market. The moratorium of foreclosures has ended and all data points to sharp increases in foreclosures throughout the 2009 summer as unemployment continues to rise with no end in sight.