Thursday, March 6, 2008

Tomorrow Could Tell The Tale

I may lay low today as this market is just churning here and sometimes the best thing to do is nothing at all. I was guilty of over trading yesterday and lost a bit. When I try and push things it never ends well. My bad. This number tomorrow, in my opinion, will help the market decide if it wants to break 12000 and test the lows or turn around and run to 12,600. I don't want to be the guy that tries to pick any bottoms. The futures are down slightly. I'm not in a position for charts here this morning, but I have a few names I like if the market can play along. Good luck guys.

BKC- target $29
CSIQ- target $ 26
BRS- target $ 59


About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.