MY PICKS:
After 8 consecutive PSLs where I picked all six China, I'm going as defensive as the rules will allow. I figure nobody is more defensive than I am, so this is my best chance to win. Typically, I don't go for home runs, so although my overall finishes are usually pretty good, I never realistically contend for the championship. It's either all or none this time.
FAZ: Double beta short on the financials.
SKF: Double beta short on the financials.
I figure there is going to be the beginning of a bank failure avalanche during the next few months and it will spook anything financial. Plus the financial stocks have gone insane. They are due for a massive pull back.
UGL: Double beta Gold. Gold has gone up a lot already, but if there is wide spread concern about the financials, that could cause gold to spike.
IYH: Healthcare. Defensive only. Blend of large stocks.
XLP: Consumer staples - meaning food and drug retailing. Blend of large stocks.
CASH: If not for CASH, my Mr. Sheep rating would be pretty much at the bottom of the Mr. Sheep index. I only have one stock that anyone else picked and even then only one other person.
Len
