with the bears saying the buying is wore out, earnings still stink, etc, etc, i find that is healthy to have that "wall of worry" to climb, now today, there is a feeling that maybe we'd better take our profits off the table, i cant help but feeling this is normal consolidation and the upside has more gas in it starting next week (not straight up, but up) taking some swing positions today in jnic, (storage back in favor today) medx (bio) and rmbs= high risk/high reward semis
i think these positions will make a nice return sometime next week, so i guess im "buying the dip" today and holding my other longs, i think the bias will be up on the techs at least through the fed meeting (15th) after that, we haev summertime to look forward too
everything was up the last week
now back to stockpickers market
my main holdings as of today
ge
pg
mdcc
rmbs
medx
jnic
scmr
eme
need to find some finacials to round it out, but im pretty comfortable with these holdings--for next week
(i would take a gain 1/2 of this week right now <g>) |
