8/6/08 Attack Plan

My thoughts to a friend last week:

-BUY NOW: AFAM, VAR, BWLD, SE, JBL, SAFM, WGOV, ISIS, ARE (time once again to value diversification)

-Buying opportunity: the AGU/MOS/POT/CF’s and such, the global growth/demand for food is unsatiable and is getting dragged down with energy

-Time for a bounce: cherry-pick the best and cheapest, Consumer Discretionarty/Tech/Retailers, as they ride the invetiable wave out of weakness like they always have.

-SELL NOW: TWB, TZOO, RATE, CBON, SAMB, DDS, time to get short some regional banks that have bounced (CBON, SAMB) and SKF and buy MS/BLK/GS/SCHW

-BROKE/IRRATIONALITY, NOT A BUYING OPPORTUNITY: oil, financials, China 25, India as indexes