Monday, July 03, 2006

Happy 4th of July

Blogging will be light as I take off for some holiday travels.

I could not pull the trigger on Friday or today. Stocks I wanted included BA, MER, CEPH, RIMM. RIMM had a nice quarter. With resistance at 70, it looked like a relatively safe play. CEPH is similar with round number resistance at 60.

GM was the best performing Dow stock for the 2nd quarter, and one of the best stocks overall with a 40% gain for three months. Who knew? Not me, and with my hindsight glasses, I regret not buying back in when it dipped again below 20.

Have a safe and festive holiday. I will check in from time to time during the next couple of weeks, but I will not write entries every day. Cheers.

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