Monday, May 05, 2008

Monday Market Thoughts

  • Market thoughts? Well, since we've had three nice weeks in a row, I'd expect the pre-options week weakness to rear its ugly head this week.  And since I'm bullish on the economy, I'd think this would set up a decent trade into an options week rally.
  • Just guessing.  Never a recommendation.
  • Speaking of taking a pounding, have you been watching Washington Mutual lately?  I see a new office being build close to my neighborhood, but the stock acts as if there is mucho wrong with the balance sheet there.  So if the market continues to rally and financials participate and help lead... Contrarian angle there?  Maybe.  (No positions for me on this one).

blog comments powered by Disqus