Okay so I found a trader who agrees with me. 

I had an Instant Message conversation with my friend and colleague from the Morgan Stanley days, Jordi Visser.  Jordi, who is now at the venerable hedge fund George Weiss Partners Inc. says, "The economy is slowing, credit spreads have bottomed, there is a credit crunch developing, jobs are declining and everyone has moved into Emerging Markets. Large cap U.S. is the best place to be." I always respect Jordi's opinions; problem is he usually agrees with me even if we haven't spoken in a long time. And in his preference for US large cap stocks he agrees with me.

Officially, he worked for me and I trained him, but I've been wondering the last few years if it wasn't HE who influenced the contrarian style I developed back in the mid 90's.  They used to call us Beavis and Butthead on the trading floor for laughing and making fun of people. We were pretty much equal opportunity mockers.  Our typical targets of ridicule included: other traders, salespeople, analysts, governments, our friends, our brokers, each other, bosses, accountants, lawyers, managing directors, entire industries, fund managers, ourselves and the entire stock market.  An unending stream of profits is a good essential to surviving the job of position trader, a good sense of humor is essential for surviving a stressful job. 

Disclosure: I have no business relationship with George Weiss Partners Inc.  I have a lot of respect for the George Weiss organization.

Disclaimer: Nothing in this trade log is meant to be specific financial advice or a recommendation to buy or sell. I do not give investment advice. Do your own research. Do not rely on anything in this weblog to make investment decisions. I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security. Options may be for me but they are are not for everyone.  Futures are highly speculative.  You can lose more than your initial investment in futures.