WOW I would have to open that one up to everyone else as to which stocks are most important.
Off the top of my head, I would have to say T, GE, PG, MMM, C, MER, IBM, WMT
I was realizing some hidden inflation tonight. I was hungry so I nuked a couple burritos. As I stared at my plate, I realized that they aren't even as long as half my plate's diameter. When I checked the price on the package, they were almost twice as expensive as a few years ago but I never really paid attention. I do remember though that they used to hang over the sides of a plate.
I also was so bored during a Stewart commercial I was reading the Nachos bag. The weight keeps getting lighter and lighter, some settling may occur my $%*&.
Less chips in a bag, Cambells soup less soup in the can, cars made out of more plastic but cost as much as houses used to. Yep no inflation in this country.
No real opinion of the market and I will be too busy Monday to play anyway so I will let the market filter Friday's closing noise and read the tape Monday night. I am leaning for a bit more upside despite my signals. Too many J6Ps I talked to tonight wanting to buy the dip. I think the smart money will sucker a few more in before Monday lowering the boom again by mid week. I am looking for about another 150 on the DOW then all heck breaks loose.
Good Luck,
Lee |