Bruce-
Turned out to be a pretty brutal day, I sold several things in the morning (NAVR, ADI into CNBC appearance strength, BBY, PROG) but didn't get away scott free as T and ADCT dropped back to about where I bought them, along with PERI. Fortunately most of what I own is at a profit, except for XCED and MINI, just don't want to give the rest back. :)
CHEZ was probably the bummer of the day, though it is a reasonable pullback so far, probably a good opportunity to add.
PSTA tried to go but market probably held it back, still think we will get our chance within the next month at 2.50 or so as the news dies down, almost always happens with the small guys.
It will be interesting to see where we go from here, small caps are still undervalued as a whole so perhaps they will get some attention with the money possibly coming out of the big guys for a bit. Then again, everyone may just think that MSFT at 150 instead of 175 is a bargain and jump in. :)
Carl |
