Friday, August 10, 2007

F.E.A.R.

  • Maybe in retrospect, we'll see that the stock market is in a trading range. We're at the same place we were last week.  Although, the market is being a huge drama queen this week.  Big swings!
  • We're ahead of options expiration week.  The playbook says to buy any weakness ahead of options week.
  • With the "fear" out there, I can't imagine many will want to be long ahead of the weekend.
  • It is also August.  A poor stock market month historically. 
  • All of that is in the mix.  I remain long here.   But it sure is tempting to try and trade the whippage.
  • I fogot about the pre-season game last night.  SHEEZ. 

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