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RVB's Market Musings

What began here as an avenue to interact and learn has far exceeded those goals.

If you are a prospective employer, please consider this site a place where you can see my passion for investing...

Friday, October 14, 2005

A Post

Man, there's not much to look at yet in the markets. Stay away. Yeah, there's a bounce back today, but I don't put too much stock in it at this point.

If you took my oil stock short advice a few weeks ago, you're probably smiling from ear to ear all day long, but be quick to watch for a potential snap back. I still believe those stocks are topping, but there may be a retest coming. Try not to get too caught up in predicting the market, instead focus on how you will react to what it does.

Kohl's (KSS) formed a nice tail on Wed, and there was a potential swing trade there, but I didn't get a chance to post it in time.

Other than that, keep the cash ready - you'll never know when you need it!


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