Wednesday, October 3, 2007

Kinda Ugly

Kinda getting to be an ugly day. Few +'s though, PNRA & JSDA with RAD making back some ground.

I guess I didn't clarify a date on some CROX puts but I'd go with December. In all reality I think, despite obvious trends and past history, that December will be when a couple walls come tumbling down. That's been my prediction since around February so we'll see if I'm as good at predicting market trends as I am baseball games.

Rough patches for the day include AEO, ZUMZ, SLW, CAT, (I took a nibble). But no giant losses so I'm flirting with even for the day.

Late day buy possibilities: SNDK, I know I said no tech but they're undervalued because they'll take more of the market share then expected come the holidays. I'm gonna take an extra swig (100 shares) of SLW at 13.30. RIMM's still cheap so I'll dive in with 30 shares at 96.53. Other than that the market may not look pretty again tomorrow (for a 3rd day in a row). Just my two cents.

Regards,
John Galt Jr.

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