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Friday, December 08, 2006
Not Rolling The Dice
It's pretty choppy out there on this fine Friday. I see some strength in oil & gas, retail, internet, and computer software while precious metals and financials are trading heavy. As for stocks, not very much on my watchlist is moving smartly higher. Sure, there are many modest +1% to +3% upside movers, but not much to chew on unless I want to press my luck.
Overall, I've had a successful week grinding out a few small trades so I'm really in no mood to give back those hard won gains by rolling the dice. Instead, I'm going to run a few more screens this afternoon, do some watchlist pruning, prepare the weekly newsletter, and enjoy listening to some iTunes. I can't think of a better way to spend this afternoon.
Posted by Kirk at 1:15 PM in Analysis | Bookmark | Feeds | Link |