It’s been an interesting couple of days so far this week. We’ve had a good amount of volatility intraday on the indices as well as some day trader / momentum specials in small stocks. (What got into GOAM today???) Despite all of that the market is just moving sideways and working off its overbought condition. [...]

I was in several of the secondary Apple plays today as day trades with so-so results. One of them was Sigmatel (SGTL). I was going to close it out at the end of the day but then I realized that it was at new all-time highs so I said “what the heck, lemme hang on [...]

Last week we finally got enough selling to break the short term uptrend. For the moment I’m content to try to hold on to my remaining longs and look for a point to make some more purchases. I’d like to see some bullish candlesticks pop up once (if) the indices reach oversold levels. The S&P [...]