3) Please Use My Free Data Base Search. The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire [...]

'A market system without significant bankruptcies cannot work,' said Dr, Alan Greenspan, former chairman of the Federal Reserve.

'There is an extraordinary amount of crowding out that is occurring as a consequence of the United States Treasury preempting the flow of savings in the economy. Approximately one third of the decline in capital investment as a share of cash flow is directly attributable to the crowding out of all other borrowers by the [...]

Featured Trades: (LOS ANGELES STRATEGY LUNCHEON REVIEW) 1) Los Angeles Strategy Luncheon Review.  Even though I grew up in Los Angeles during the fifties and sixties, visiting today feels like a trip to an exotic foreign country. It’s as if the city was destroyed in some terrible war and rebuilt in a hodgepodge way, as [...]

Featured Trades: (A SCALP IN THE FINANCIALS) 2) There is @$*% Scalp Here in Financials. Regular readers of this letter are well aware that I despise financial stocks for the worthless pieces of paper that they are. Therefore, I think you should rush out and buy financials stocks right now. There is a method to [...]

Featured Trades: (BUY THE &%$#! DIP) 3) Buy the &%$#! Dip. For proof that I will leave no stone unturned in my eternal search for market insight, look no further than the video link below of two imaginary fund managers debating how to deal with the current market. I think the message is 'buy the [...]

'If there were no way to short stocks, the probability of stock market bubbles would be much greater,' said hedge fund manager, Bill Ackman, of Pershing Square.

Featured Trades: (LUNCH WITH THE CIA) 1) Lunch With the CIA. Lunch with the Central Intelligence Agency is always interesting, although five gorillas built like brick shithouses staring at me intently didn't help my digestion. Obama's pick of Leon Panetta as the agency's new director was controversial because he didn't come from an intelligence background- [...]

Featured Trades: (IS FOOD THE NEW DISTRESSED ASSET?), (DBA), (MOO), (AGU), (MOO) 2) Is Food the New Distressed Asset? After my entertaining repast with the head of our nation’s intelligence service, I had to ask myself this question. During the sixties, new dwarf varieties, irrigation, fertilizer, and heavy duty pesticides tripled crop yields, unleashing a [...]

Featured Trades: (THE REAL ESTATE MARKET IN 2030)   3) The Real Estate Market in 2030. A number of analysts, and even some of those in the real estate industry, are finally coming around to the depressing conclusion that there will never be a recovery in residential real estate. Long time readers of this letter [...]

Featured Trades: (CHICAGO STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader’s December 28 Global Strategy Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Chicago on Tuesday, December 28, 2010. A three course lunch will be followed by a 45 minute PowerPoint [...]

Featured Trades: (TBT TRADE ALERT) 2) Trade Alert for the (TBT). It's time to get in on the greatest short play of the coming decade. I have been pounding the table that investors should pile into the (TBT), the 200% leveraged bet that Treasury bond prices would go down, since August. It rose 28% after [...]

Featured Trades: (SSO TRADE ALERT), (NSANY), (TM), (TTM) 3) Trade Alert for the (SSO). After the Dow's impressive 250 point blast off to the upside yesterday, my phone started ringing off the hook. Fundamental and technical analysts around the world were screaming at me that a major breakout was at hand, it was off to [...]

Featured Trades: (PORTLAND STRATEGY LUNCHEON) 1) The Portland Thanksgiving Strategy Luncheon. Many thanks to all who attended the First Annual Portland Thanksgiving Strategy Luncheon, whose repartee, give and take, and wide-ranging debate made the event well worth the trip from Fog City. I always take in more from these events than I dish out, which [...]

Featured Trades: (CHEVY VOLT REVIEW), (NSANY), (GM)   2) My Anti Review of the Chevy Volt. In 2011, we will we be deluged by an onslaught of advertising praising the virtues of the electric car, as models like the Nissan Leaf (NSANY) and the Chevy Volt (GM) hit the market. If last week’s San Francisco [...]