Listless Monday...

Yawn! We were all getting used to market volatility, but today was a snoozer.

We have emerged from month end and first of the month strength. The first quarter is toast. Now we are heading into April, with baseball, basketball playoffs, NCAA basketball championship, the Easter Bunny and Spring Break, and Mosquitos. Lots of things get decided in April. If we aren't careful, we may get bitten.

And, sometimes we get market turns. With the market at bull market highs, we can't say that's off the table for 2011.

As I waste the few hours left between the UConn vs Butler championship game, I remain long but in low beta stuff. Some ash. Some oil plays.

Oh and President Obama's energy talk on Saturday does nothing to reduce demand for crude. So oil is here to stay for now and without increasing supply and demand increasing with the growing economy, I think oil prices will go up more.
***

Monday. Bleh. But in the 70s here. May try to get a 15 mile ride in before tip off.

Enjoy the day!