Wednesday, May 21, 2008

Back on the Sidelines

Hmmm.. moved out of a lot of positions yesterday and - see what happened today. All technical. Surprisingly, most of my sales are holding up pretty well. RIMM was the only one that makes me look good for selling:)

AGCO is one stock that's been riding it's 200 day really well. Also consider VIP. There's tonnes of stocks that are looking good - but don't be like me and try to own everything. You probably want to pass up the oldies like GOOG and AAPL - you might double your money if you're lucky - but how much can market cap increase from 150b? You're better off with the hotties - solar, natural gas, etc. Berkshire is looking really good BTW - from a technical standpoint. I wonder what happens to that stock when Buffet pops it.

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