Monday, February 11, 2008

Time.. .. Maybe?

To start getting ready to move out of cash? Wait for a dip, and then get it. IBD still has an "in correction" outlook. MO and HON are out of the Dow Feb 19. BAC and Chevron will get in.

Watch NEU - super strength - why do they wait so long to tell us? Mutual fund ownership has been stagnant though.

90% of winning stocks build their bases during a market correction.
CRM is riding it's 200 day.
What else I've noticed - solar is starting to ride it's 200 day. Just look at JASO, FSLR and STP.
And how about KWK! It's off already. Got my J2T account in the black:) You need to get one of those - a zecco account that gives you 10 free trades a month, and a J2T account you use after that to get trades at 2.50 each. And, did I mention Scottrade is the best for mutual funds? If you plan to have only mutual funds in your IRA - go with ST - they have great research available and good charts too.

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