Don’t expect “The Fly” to work hard, especially at the end of the year. I always say: “I don’t work hard. I work smart.” As you know, working hard is for “illegal Mexicans” or mid-level executives.
[[BSC]] posted a bomb, while [[LNN]] scored a goal, then hit the bears with a puck to the teeth for good measure.
With LNN through the roof, on its way to a hundo, go long [[VMI]].
NOTE: The following ag stocks are on fire: [[LNN]], [[CNH]], [[CF]], [[TNH]], [[VMI]], [[TITN]], [[AGU]], [[MOS]], [[POT]], [[ADM]], [[MOO]] and [[AGU]]
[[BWLD]] is eating bullets, thanks to the toolboxes at [[JPM]], initiating coverage with a homo-hammer.
Sometime soon, I will be posting a summary of my trading year: what went right/wrong. Being up 15%+ is a major disappointment for me, considering I was up more than 45% in May. There are specific reasons as to why research got sloppy and “The Fly” got lit up, on certain names.
More on that later.
For now, I’m trying to refocus my efforts on establishing an investment theme for 2008. However, since I’m bearish, it is difficult.
If I was putting together a portfolio today, using fresh money (as opposed to old money), I’d buy [[VMI]], [[RIG]], [[CLX]], [[MVIS]] (for a trade), [[FXP]] and [[SKF]].