Gary Douglas Smith

RealMoney Contributor

Gary Douglas Smith actively trades his portfolio as well as the portfolios of family members. In addition, Mr. Smith maintains Between the Hedges, an investment-oriented blog. Previously, he was founder and managing member of Olympus Capital Management, an alternative investment firm. Olympus consisted of a long/short diversified hedge fund and a long/short technology sector hedge fund. Prior to the formation of Olympus, he spent five years as Vice-President of Research and Portfolio Manager for an independent money management firm. Mr. Smith has been engaged for the past 23 years in the analysis and selection of equity and other investments. His expertise is in long/short U.S. equity investing across all market sectors with an emphasis on technology stocks. He uses a top-down investment approach, investing is securities at a reasonable price relative to their growth prospects. As well, technical analysis plays a role in the timing of his investment decisions. He received his undergraduate degree from the University of Tennessee and subsequently received an MBA, with a concentration in finance, from Vanderbilt University's Owen School.

Authors disclose at the bottom of each entry any positions they hold in stocks mentioned in that entry. The author is required to disclose positions only in companies he writes about in a given entry. The author is not required to disclose positions he may hold in stocks that are not mentioned in an entry. Positions may change after they are disclosed. If an author mentions companies in which he holds no positions, the entry will be marked "no positions in any stocks mentioned." If the author mentions no equities in an entry, no disclosure is required.

Gary Douglas Smith
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Page 2 of 7
Article

Herd Sentiment Still Surprisingly Bearish

By Gary Douglas Smith

Every pullback is seen as a major top and every move higher is just another shorting/selling opportunity.

12:32PM 12/14/06

Article

Bearish Sentiment Still Extraordinarily High

By Gary Douglas Smith

The coming bullish shift in long-term sentiment will result in the mother of all short-covering rallies.

11:21AM 12/07/06

Article

1995 Manufacturing Downturn Redux?

By Gary Douglas Smith

P/E multiple expansion is the near-record number of U.S. stock market shorts' worst nightmare.

01:32PM 12/01/06

Article

Soft Landing Ahead

By Gary Douglas Smith

The Johnson Redbook same-store sales index rose 3.2% year over year this week vs. a 3.2% rise the prior week.

08:34AM 11/29/06

Article

Bearish Sentiment Soars

By Gary Douglas Smith

There is still a high wall of worry for stocks to climb from current levels.

10:57AM 11/27/06

Article

Cambridge Drills Holes in 'Peak Oil' Theory

By Gary Douglas Smith

Its analysis indicates that the remaining global oil base is actually 3.74 trillion barrels.

02:06PM 11/14/06

Article

Bears Not Hibernating Despite DJIA Highs

By Gary Douglas Smith

I find the steadfastly high bearish sentiment mind-boggling considering the S&P 500's 12.3% rise in less than five months.

01:40PM 11/02/06

Article

Multiple Expansion Has Just Begun

By Gary Douglas Smith

The S&P 500 has risen about 17% over the last year due mainly to historically strong earnings growth.

12:21PM 11/01/06

Article

GOOG's Multiple Will Surprise

By Gary Douglas Smith

Google is arguably the greatest large-cap growth stock in the world.

02:31PM 10/20/06

Article

Bulls Cheer Multiple Expansion

By Gary Douglas Smith

Unfortunately for the bears, confidence is returning to U.S. stocks, and inflation fears are plunging.

02:55PM 10/04/06

Page 2 of 7
Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.03
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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