Van Meerten's picks

I really can't find a lot I like about this stock at this present moment in time. MOS is a part of the agricultural chemical industry and the whole industry is in a tailspin. As an industry they have a Weighted Alpha of a negative 29.60 and most have been dropped over 25-50% this month alone.

Potash POT and Monsanto MON are both down up to 50% in just one month alone. They are all lemons right now.

When life gives you lemons you make lemonade. How do you do that. You can short one of these or short all three - of course with the proper stop losses.

My recommendation in this market is not to put all your eggs in one basket but to buy a basket. Why not look at AGA the PowerShare Double Short Agricultural ETN. This allows you to take a short position in the whole industry in a cash or retirement account.

I would enjoy hearing your comments at VanmeertenFund@aol.com

DISCLAIMER: The stocks selected should not be taken as buy/sell recommendations. They are the stocks that were selected by my stock screening process and then each was analyzed before adding or subtracting from the portfolio. Do not concentrate on the stocks but learn the selection process.

Jim Van Meerten
Strategy Lab Open Winner July 2008
VanMeerten The Amateur Strategy Lab 2008

Comments: View Comments |  Saturday October 4, 2008