Buy low

At various points in the global financial meltdown, I've said "buy."

My near bottom picks have been:

INTC @ ~12
GE @~ 7
NVDA@~ 7

These were blood in the streets, things are going to hell, we'll never return, go against the grain, I think you all are a bunch of lemming idiots, I'm buying while you are committing suicide purchases.

Today:

INTC: 15.27
GE: 10.63
NVDA 11.41

I have exceeded my required rate of return on all of these purchases and have unloaded some as well in anticipation of our Apologizer in Chief's continued success of screwing over the financial markets (looooonnnnngg summer baby!)

I'm the same guy who sold 80% of my portfolio back around Labor Day 2008, because it was pretty clear to me the coming administration (Obama or McCain) would not be able to find their ass using both hands in terms of the economy (my pick was and still is Romney).

Needless to say- I think most stocks are still a good buy over the next year (the teleprompter was right on that one), but consider selling long term covered call contracts, because if congress doesn't change their stripes in 2010 and start going deep with tax cuts, this is going to be one long downturn.