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

If you have to ask, you'll never know

"I do not like the way the cards are shuffled, but yet I like the game and want to play"

Not quite sure where I heard this but thank you! It is so relevant to this space and time in history.

ISIS Pharma (ISIS)

Large drug coming through which would make them profitable in next 2 years. It is in stage 3 and it is a cholesterol drug which historically have an extremely high likelihood of getting approved once they have gotten to the final stage. Genetech is partnering with them and ABT is investing in them. They are the real deal.

The TIGER Biosensor equipment and an extensive pipeline of over fifteen new drugs make this a huge potential longterm winner. Best time to own a biotech is right before they become profitable. Get long and stay there.