Mean Market...Don't Kid Yourself

I will write less through this mess in the market because this is a time you do homework. You do less.

I bought Apple and VMW today when I covered some more SPY, but will be tempted to flip…IF THEY RUN (Apple did) – in this tape.

I don’t have conviction at these levels to pound the table. Too many trends are breaking. I don’t want to jinx the strength that I am seeing, but there is some.

I have been stopped out of many stocks…BBBB, CSTR, CYNO LOOP, TRMB in the last few weeks but if you don’t stick to your stops and take your losses you are just asking for trouble in a tape gone bad. My Starbucks has drifted to $18 for example. That’s me being an amateur. Happens to all of us, but this blog is a diary to help me be smarter on the next one.

Glad for my sells in GRMN in the 100’s and all my partial sells I have taken and advised along the way.

It will get better as it always does, just keep lot’s of powder dry for a big level down. We should get it.