Shark Attack 3: My latest positions

How’d your gaming of the EUcrats bank welfare program newsflow go this week? What a crock.  Remember I told you how it seems EVERY money manager alive is sure that the markets are either about to crack or spike depending upon whether the “Next European Bank Bailout Is Big Enough” to last for a while? Who is it that’s supposed to decide that the size of the wealth transfer and allowance for financial fraud is finally enough anyhow? Anyway, all these guys are panicked and they’re the people in this clip and they fear the EU crisis shark:

Shark Attack 3: Megalodon

Don’t be shark food from a bad movie. Think independent and know that if and when the panic over an collapse of the EU/Euro comes that it’ll be the buying opportunity of our lifetimes. In the meantime, keep a lifeboat close.

Here are my positions in order of notionally largest to smallest:

Longs –

  • Apple
  • Cisco
  • Fusion-IO
  • Nuance
  • Riverbed
  • Sandisk
  • Google
  • Cypress
  • Akamai
  • Autodesk
  • Microsoft
  • Visteon
  • DBA

Shorts –

  • LPS
  • Bank of New York
  • Wells Fargo
  • Live Nation
  • SLV