It feels like February again. I haven't done much trading since the recovery off the March bottom, and have wound up giving up a bunch of my gains. Sure wish I had sold Crane and Blair when I had an itchy trigger finger, but I didn't. Now they're back to buy range, though I still have decent profits in both. GPC has also nearly completely roundtripped a 20% gain.
Yesterday I started redeploying a cash hoard. Added to SNH near 8 yesterday - little by little, that has become a huge position for me with an average cost around 9. Initiated a position in PCAR at 40 1/2 today. I'll buy CAT and probably add to NC tomorrow. I've also been buying a full position in SYM. Adding to ANF as well. I'll buy DE a few points lower. Almost done selling my REIT fund. I've still got a good deal of cash left, but with so many stocks at what I see as crazy prices, I just don't know what I'm waiting for.
Others on my buy list: DCN, TRN, ETN, DOV a few points lower, GPC, CMH near 8, PD. |
