the Yuppie Pig

Another bearish cross-over day, but so far these have not lead to sustained sell-offs. We'll see if there is any follow through tomorrow. I'm still short positions in ANF, SBUX, HOG, IYR and now WFMI, while long WMT. I'll look to close things out on any sustained selling as I'm not expecting a huge pullback.


While I'm short a few names, I'm actually neutral on the market, and I think fundamentals are actually beginning to mean something again. I remain long term bullish on the Agricultural space, but now that the grains are showing some strength with good volume, I once again want to buy Ag stocks on pullbacks. I'll list MON and MOS as two names that interest me. I don't like the price wars in Potash, nor their cut in production.


Some of the Tech names for long trading purposes also interest me on a pullback. RIMM, GOOG and CRM interest me. AAPL does as well, but I'm finding it very overbought and a little expensive. I'll add in BHP on the commodities front as a variety of metals are showing some strength and volume.