Thursday, June 15, 2006

The urge to buy (retest expected)

A nice recovery rally. I feel a strong urge to buy more. There is a good chance that a retest or even lower lows are in the cards. Today's opportunities look like slim pickings. Housing stocks are up, despite another brokerage downgrade. Some big name techs such as AAPL, MSFT are not participating in the rally. I am not smart enough to figure out if they will eventually join. What looks likely is that big players are switching out to other more promising sectors.

JPM, AMX, DCX are some stocks I am watching to buy.

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