July 26, 2008

Closing the Cubs; Opening the Rockies

by @ 1:01 pm. Filed under MLB

Despite my earlier proclamation of sticking with the Cubs through the Marlins series, I am closing the Cubs today prior to their game. I still believe the Cubs will make the playoffs, and they very well may get hot again. However, they have some key things working against them. One is that they don’t have a closer, as Kerry Wood was placed on the DL a few days ago. Additionally, the Cubs are and will continue to be big favorites in most of their games thus making each win not very profitable and each loss very costly. My thinking when opening this fund was that the Cubs would be so many games over .500 that the large MLs wouldn’t matter.

With the remaining money in the Cubs stock, I am opening a Colorado Rockies stock beginning today. The Rockies are defending NL Champs yet are 12 games under .500. Last year it was a second half run that propelled the Rockies into the playoffs and they are poised to make a similar run this year. They play in the weakest division in baseball and they are rarely large favorites. Additionally, many of their key players are having years well below their career averages. Things even out in baseball so it is expected that the dudes that are struggling will get it turned around in the second half.

All 4 stocks don’t play until this evening, so come back to the site then to see how many Money Bags are on each stock.

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