Dow 30 components need to be bought, especially Citigroup Inc. [[C]] and General Electric Company [[GE]] . The market is in the process of taking the path of most pain. Unfortunately, for you turkey haters, that pain is to be distributed to short sellers, via much higher equity prices.
It truly is amazing; but then again, everything is.
Ride the wave of optimism, via getting long retailers. I forgot to mention another retail position of mine: GameStop Corp. [[GME]] . That fucker is so coiled back, it’s sickening. I actually want to vomit because of it.
Dice rolls include, but not limited to: Alcoa Inc. [[AA]] , The Mosaic Company [[MOS]] , United States Steel Corporation [[X]] , UnitedHealth Group Inc. [[UNH]] and The Blackstone Group L.P. [[BX]] .
UPDATE: I bought 10,000 [[M]] @ $6.95. And, I bought 3,000 [[FXP]] @ $61.25.
UPDATE II: I sold 3,000 [[UYM]] @ $12.50If you enjoy the content at iBankCoin, please follow us on Twitter