Tuesday, November 21, 2006

Lots of movers

Lots of movers on news including MDT, DE, GOOG. BA at a new all time high. GDX gold ETF moving up.

Me, almost all in cash, only position is a small one in EWJ. This doesn't mean I am bearish. My current schedule doesn't allow much time for research or execution. Given that it is often safer to sit. It is frustrating to sit, when there are so many good movers.

TM Toyota has pulled back to its breakout point. Now it is a $196 billion dollar company, so it can only grow so much. However, it is extremely well positioned vs. its main competitors.

No comments: