As I posted yesterday, nothing major is going to happen on Monday post-Greek vote. Now, what to do now. I would stay put. One option would be to short volatility, which I did yesterday, but it is not worth the risk, because still there is not possibility of a knee-jerk reaction on the vote. Second option would be load on commodities/oil sector, but other risks are still present, such as slowing global economy and the summer doldrums. Assuming nothing major happens through the summer end of August may be the time to do this. I still like several names like WNR (trying breakout today, but lack of volume-probable closes around $20.50), TFM (long term play-potential double this year), DDD (though i do not like pricing on the secondary-8% discount – $27.50, i might wait for $25-26 range to buy), CRK-very speculative company trying to switch from natty to oil, very high short interest, ARCO (Latin America’s McDonald), and UAN-great fertilizer company with 10% dividend, but its parent CVI is being ruined by Ican. And I would buy AIG on any weakness if any at $27-28.

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