A Little Wooshing Today...That's Good

A little whooshing never killed anybody, unless you were leveraged.

When you are not on leverage and well diversified, like me right now, you think clearly. I don’t own a financial stock (other than American Express) and if not for my idiotic trade in the homebuilders, life would be perfect right now.

Today is a day you make lists.

I start with all the people I hate. Relaxes me :) . I imagine them being long and leveraged to the brokers. Serenity now baby.

Next, I look for puke points on great stocks. Goldman, Amex, Google, Baidu, Adobe, Garmin, Apple, RIMM (long way away), Chipotle’s, Electronic Arts etc… and just wait. Garmin started a woosh today.

These stocks will keep leading for the next few years so watching anything else right now is silly.

Keep an eye on the all-time high list. It’s as barren as my high school dance card. No leadership. EXECEPT of course PORN (RICK’s) which is never in a bear market.

Go to work.

Disclosure – Long Garmin, ERTS, CMG, RICK, Apple, Google, Baidu, Adobeand Amex.