http://trade247.blogspot.com/2009/03/potential-long-term-plays.html(click link for original post, all calls are archived)
In March, I got a few e-mails regarding longer-term buys. Above and the link shows the long portfolio that I constructed to fulfill that task. The portfolio is smoking the benchmarks with ease and should continue to through the rest of the year. The long portfolio was 100% and had gold and silver for commodity/hedging exposure. Many, if not all, of these I still own for an account that I help manage, in addition to some for both my trading account. The portfolio thesis centered around strong companies that had rich balance sheets and a few other metrics that would take me longer to discuss.
YTD the performance is about the same but I just wanted to show the parallels between the blog post and now. As for the people who emailed me, I hope you got long and are still long some of these. Cheers to 2009 and may it continue to be good.
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