Not Much

So today I was busy from 8:57 AM until 5:01. Which means I had no time to check on the market. I did check once, and the Dow was down about 80 points.

Not quite the pullback I was expecting, but it is the beginning of something. Especially with the economic superpowers in the US as well as the world convening several times this week, I think we are about to receive some sobering news that will have investors reconsider their stance on this faux rally.

For those that were keeping tabs, the second time was just now, where the Dow ended the day down 43 points.

I’m hoping to buy this week. Regardless of what happens, next week is the last week that for me to buy.

I am also thinking about selling. Particularly SU, EGO, and DBB. I’ve wanted to get out of the commodities for a while, and I think now is a pretty good time since I’ve made a serious amount with each investment. I also see myself investing in other positions for a longer period of time (BAC, APOG, YHOO, and SPIL).

Oh yeah, newbies, that’s right, I didn’t mention F. I’m in limbo with that stock because I’m not sure where it’s headed. In the past week, it lost over 20% of its value because of the looming debt coming due next year. And we’re talking about billions upon billions of dollars of debt. Furthermore, from a fundamental analysis standpoint, I’m not really sure whether F is a viable company as the sole American car company. I’m thinking car buyers worldwide will appreciate the competition fostered in international markets that will ultimately lead to cutting edge innovation in their products. Ultimately, there is only so much F can do.