i wonder if LLL is contributing to the downward pressure on INVN? deeper pockets must, at some point, begin to assert themselves in the biometric market.
i had LMT @32 and was advised to exit @35. seems they would be overvalued above that number. i think that marked the end of my compulsion to watch cnbc. (.5g)
homebuilders: everyone seems to want to short them, but, according to TOL, there's still plenty of money waiting to buy expensive homes and their fundamentals look pretty reasonable.
auto: SAH, UAG: someone-merril?-had a research opinion that this sector would be the best in retail for the next 3-5 years.
well, for me, the onset of wisdom is apparent when i feel a certain amount of relief deciding it's ok to sit this one out. much thanks for sharing some of your daily trading journal w/us this year. in my book, you're a real mensch (hope i got that right).(2xg)
happy weekend all,
larry
ps, Artesa pinot noir, carneros, '99. i recommend it. |
