Wednesday, September 05, 2007

Still on the sidelines

I still feel out of step with the market. I wanted to go long yesterday, Tuesday, but thought better of it after seeing all green plus signs on my main watch list. Usually, that is a setup for at least a short term pull back. When a trader listens to the voice saying "do something," it usually ends badly. Especially if coming off a losing streak.

SHLD, BA, AAPL are some stocks I am watching to trade. GRMN, DE shot higher after I close my longs. BA is the most interesting as long term investment. There is a decent base at 90 (stock at 95/96).

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