June 25, 2008 –
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RELATED TICKERS: POT
, JRCC
, USO
As you can see in my score lately, my contrarian call to go short the commodity/resource and agriculture sectors has ruined my all too precious caps rating. After getting as high as #17 in this silly game we all play, I tried to pick a top in this bubble (yes, I am calling it a bubble). Trying to call tops has always been dangerous (as my stock accounts have witnessed over the last 15 years of full-time trading), but,in the long run all booms are followed by busts. I repeat "ALL BOOMS ARE FOLLOWED BY A BUST!" [more]