Wednesday, February 28, 2007


Well I've been punked so far by Mother Market. That little head fake this morning should have been bought for some quick gains. Alas, I was in a meeting trying to save my office 1.8 million. Although my finger keeps reaching for the buy button, I am exercising restraint as I feel strongly that this is just a temporary bounce. Had I bought this morning, I'd be a seller here right now before lunch. Your mileage might vary.

I'm sticking with my previous assertion that we need more blood in the streets before it will be a good time to buy.

***Update*** Starting to hedge a bit with QID. Picked up 100 @ $54.79

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