Fly on WallStreet

In 2006, the backbone of the market was found in the Financials. Because the Financials represent the largest weighting in the S&P 500, they usually lead the market up or down.

This year the brokers/money management firms had monster years, Stocks like GS, BSC, LEH, IAAC, GROW and DHIL had banner years-- as investors piled in. I still like the sector, but will not buy at these levels.

Instead, I am looking to add to my CORS position or start a new one in a cheap regional bank, like NAL.

Bottom line: There are so many publicly traded Financials that are cheap. You just have to do a little homework to find them.

As for today's trading:

I see some of you are heckling me over VLO. Good. The last time you fuckers started bitching over oil-- it took off like a rocket ship. The mob is always wrong. Right now, the unwashed mob says oil will trade lower. I say, instead of worrying where the price of oil will be in a month-- why not drink another can of Monster Energy soda or juice?

I feel the market will do great during the first 2 weeks of 2007. Therefore, when stocks like HANS, RIMM or VLO dip-- I will be there to instruct my servant/trader to fucking buy a little more-- in between snacks.

Finally, someone is walking MVIS up at the end of trading-- for the last week. Right now, there is a lot of hype regarding its new projector-- to be unveiled 1/9/07. My game plan is simple: Anything under $4.00 is cheap. I want to instruct my servant/trader to buy the dips and get me warm, not hot, slices of pizza-- every other hour until closing. Oh, don't forget to pick me up another can of Monster Energy soda, bitch.

The following Financials have mojo:

FCFS +9%
IAAC +5.3%
OPY +3.3%
COWN +1.95%
ICE +1.5%