I’ve had a lot of time to think about my asset allocation. For the moment, I will overweight on the long side, at least until May. There is no way I enter the summer long equities.
Most likely, I will keep a good 10-20% in cash. I intend to make some pretty bold moves, which will be refreshing, especially since I’ve been acting like a big pussy.
Once gain, target shorts are ACC, WRI, MAC (2 points higher), HME , PACW and RIG. As far as etf’s are concerned, I will take a stab at FAZ in the teens and SRS in the 40’s.
I had a dream DUG went to $18. Therefore, I shall endeavor to buy it at $18.
On the long side, people think the recession is over, no shit. That is why semi’s are spiking. I will entertain these delusions via a long NSM position.
I like construction firm PCR and mining play BUCY.
In tech I like LOGI, NTGR, JNPR and CHL. In finance, I like AMG. And in health care, I like Ci. If forced to play oil, I’d buy GMXR, for a squeeze. And, in retail, I like GES.
Oh, don’t forget the fucking railroads, via GWR.
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