As I enter the second half of the year, I am +21% and have a 50% cash position. I drew a line in the sand with JCP at -10% and sold out of my position this morning. Frankly, I am not “Mars Attacks” Ackman and I truly hate their stores.
I was doing some research last night and liked what I heard with a little company named SYPR. However, I just don’t feel like gambling on another small cap. My experience with YELP, although profitable, removed the appetite for risk in small caps, thanks to the overwhelming fuckery I had to endure. Truth be told, I was 100% wrong about the prospects of the “Social Media” space in the short term. But as the Gods would have it, I ended up +25% on my YELP holdings—a miracle indeud. Think about it.
The only sector I like here is agriculture, from MOS to BG to MON to POT, I like it all. The fucking farmers are having fits with their corn crops and “The Fly” stands to benefit from their misery. Effective immediately, I hereby declare your farm my own. Any and all profits derived from such a place shall be transferred into my purse (no homo).
Here’s the important thing to remember when being “half out” of the market, like me: there will be opportunities. You may not see them today; but it’s important that you don’t force trades for the sake of doing it. The winning trade will come and when it does, you will have lots of money to throw at it.