Hank,
Look at the Dow, the OTC, the TRAN, the UTIL and the ADV/DECL's all look very very bullish as I have been as of late. But look at the internets, very weak for the over all market to be as strong as it is! If this continues it could be even more bullish for the market, since the internets are not dragging down the rest of the markets with them. One exception MKTW, and if will fall, just give it a few days! Buying CPU, IFMX, PROG (An internet stock, but one with sales, earnings, and a very low Price to sales ratio) NOVL, STEI, and a little DDS and DO.
Have sold naked calls on AMZN, DBCC, EGRP, and RMBS. Have sold some covered calls on a few core positions, but not very many!
Hank |
