A post from 3/14 My favorite longs (NOT LARGEST) right now are: REFINERS----TSO, VLO, MRO, WNR, FTO, ALJ, ETP Liquid Natural Gas----MWP, WPZ, SRE, PIPELINES----EPD, BGH, BWP, VEH, VLI, HEP, SXL, MMP, MWE, MGG, MMLP, DPM, ETE, KMR, EEQ, PAA, EEP, TPP, KMP, STR FERTILIZERS----TNH, TRA, CF, MOS, AGU, POT (With extremely reduced size......Trend is breaking fast here) OTHER odd plays that are working----HBI, PPD, NSRGY, SCI, SEB, ISH and many others.... I think there is maybe one or two in the red since this call.....I hope folks jumped on the refiner run....But I took some off the table today.....No real reason just thought the run was getting extended in this industry..... $COSTAverageMAN
I started taking profits all over the place today.....Cyclicals were to first to get sold off....Now I didn't sell them all, but I started thinning them down significantly.....Miners, Steel, Chemicals and Tech got a nice haircut today..... You really have to love this market....If you get the sectors right and time the diversification properly in those sectors you'll easily have 85% in the green.....Well I know I'm not the only one who has been doing this and I just find it hard to believe that money managers are just going to wait for some series of down days before they get out.....Calling my tops early have only been the prudent thing to do.....The Anomoly is right around 32% cash thanks to this weeks selling and I moved into some sector inverse funds and got a few selected shorts still open.... Any thoughts on the cyclical move... $COSTAverageMAN
Profit taking before the CPI numbers.... Sold 60% of American Railroads: BNI, CSX, KSU, UNP, GWR, FLA, NSC......I kept 100% of the Canadian plays CP and CNI Sold 20% of Uranium (USU, CCJ, EMU, URRE, URZ, BHP)... I kept my canadian plays Sold 60%--Solar plays (TSL, JASO, ASTI, ESLR, DSTI, SOLF, CSIQ, FSLR, SPWR, SOEN, (except WFR and STP) Sold 80% of Coal plays (ACI, BTU, CNX, ANR, FDG, PVG, PVR, YZC, NRP, NSP, FCL, ICO, WLB, JRCC) Too many Petroleum plays to mention...Over 80 of them got a haircut today....Most got at least a 50% trim Sold at least half of each position here ahead of the CAT numbers Mining/Construction plays (CAT, TEX, JOYG, MTW, BUCY) Reduced Most Steel/Aluminum/Metal positions to around 1/4 of previous levels....(Sold around 70% of each ) Titanium-----(SGG, ATI, RTI, GTI, TIE) USAP got sold last tuesday.... Steel/Metal--- (IPS, SID, AKS, CHAP, AP, MTL, GGB, STLD, X, NUE, TX, TS, SIM, BW, RYI, CAS, ZEUS, AIT, SYNL, KALU, ACH, HSVLY, ROLL, SCHN, CMC, TONS, MM, RS, IIIN, WSCI, GNA, WOR, BOOM, CENX, AL, LDSH, NX, TKR, VMI, KDN, MLI) Amex Metal that has gone vertical, but got sold off today as well:----MEA, NGA I kept a 100% weight in WPSC, PKX, MT, SLX(The steel index) ALL in ALL I got some CASH to invest, but I'm waiting for a pull back....Hey At least I can say I sold around the 52 week high for most of these, but then again there is always next week to look back and find out if you made the right or wrong play.....Regardless I am happy with the returns in these positions....The anomoly is sitting in over 65% CASH and is waiting for the Yen to gain a little strength... $COSTAverageMAN
Hello $cost Like the sector sell out How do you go building your sector list? I have this DOW JONES sector list about 130 symbols, You use vectorvest or IBD for that sector list? I've been looking at some of these advances of the stock plays insanely smooth, really cool. ---------- Right now I just scan 900 stocks, the ibd lists , and the top 20% earning stocks, I'm thinking some of these sectors will appear in my stock scan, but I think if you put extra focus on the sectors and they are rising, you can put extra emphasis (capital) onto each stock play with more confidence , when the sector itself is rising. What do you think?
Coolweb In keeping with the idea that you have to have a diversified portfolio, I find it best to overweight the higher beta names (cyclical sectors when we are coming off lows have been working for years).....The way I see it is very similiar to what you were saying....I like the DELTA industry searches that come from Vector Vest and then I invest in fast moving sectors if I don't already have money in place in those areas....But there is more to it than that.....You have to have money in the right stocks in those sectors.....A great example is meat products.... So I see that meat is on the move back in early JAN. of 2007.....I got some choices to pick from:----TSN the largest then HRL, SFD, SEB, PPC all the big US players then I got SDA and IBA for some international....SAFM and CALM for the small cap plays here... A nice simple 9 stocks to choose from....Well SEB was a position I had been in and the postion increase was hard to do for me, but the recent California fishing law changes was enough for me back up the boat again...... Now we got chicken in the midst of a AG commodity boom...Who would even touch this sector here? My bet was TSN cause I knew they would have the largest AG commodity futures contracts in place before the boom in prices.....I was right and the play worked.....I didn't even look at HRL cause of it's lack of volatility and PPC was 2nd best in the chicken game and I went with Tyson....... Now to pork, SFD was the Monopoly here and it's was comming off a steep decline It looked as if it had just put in a perfect double bottom in Mid Jan..... IBA and SDA were my only play on international meat stocks and I had that feeling that food was going to be a safe place for 2007 and 2008... Small cap CALM was making new highs and an easy choice... SAFM was not what I was looking for and too much like the large and mid cap stocks I was playing. So bottom line there is stock selection in most areas of each industry and homework does make sense, where in others like steel/metal it was everything had to be bought cause you never knew who the next deal was going too... $COSTAverageMAN
Put on some sector shorts here and sold some short term swing trades......Got out of MVV and DDM and QLD and most of my sector leveraged long positions and took some short....Got long Some EWJ today as well.... $COSTAverageMAN