Friday, January 25, 2008

Don't get too excited . . .

We've had two really good days, but that doesn't mean we're out of the woods quite yet. There still seems to be some insanity left in this market and some companies are still getting hammered when they probably shouldn't (AAPL).

We still don't have an "time to buy" signal yet. I'll be more convinced with a crossover like we had over a month ago (blue arrow). It looks like we've got a ways to go before that happens.

For now, I'm just goofing around with small trades with low risk. I made .50% on the portfolio yesterday with some nice trades with little risk. We'll see what today holds. Be careful out there.

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