This is a pretty straight forward process. If you run money and need to window dress your brochures, you will lap dog your way into tomorrow, being the proud owner of the “bestest stocks” in the world. Hell, even if you missed the recent run, don’t worry, you can buy now and just make believe you were smart and shit, despite your lackluster results. People will look at your holdings and marvel: “wow, that guy is a great manager.”
Stocks like Baidu.com, Inc. (ADR) [[BIDU]] , Google Inc. [[GOOG]] , Fuqi International, Inc. [[FUQI]] and Freeport-McMoRan Copper & Gold Inc. [[FCX]] will be bought, while asshole stocks like Flotek Industries, Inc. [[FTK]] are sort of tossed to the side, as if it were garbagio. However, this type of positioning often leads to great buying opportunities, especially in names that were sold en masse. What’s important to remember, in general, if the market is truly in recovery mode, most stocks will trade higher, not just the who’s who of Joe Mutual Fund’s holdings.
Naturally, there are many skeptics, who refuse to acknowledge the slightest improvements in the economy. These people believe the market will hit new lows, effectively ripping the country out from within, sending you into government controlled “food camps,” where the O’bama administration could control your daily caloric intake. Keep in mind, I really do not give a fuck, either way. As a matter of fact, I prefer to make money on the short side, since it’s easier. When stocks go down, everything knifes lower. It’s like taking candy away from an armless Madoff.
In closing, the trend is up, why fight it?
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