Thursday, August 23, 2007

Mediocre Day

I had a moderate day in the market thanks in part to Angelo Mozilo. I really like the market here, despite what the "orange man" says-- I say go long.

I had nice size moves in only two of my positions today, JOYG & RIG. I also closed out my position in ANF for a nice gain. I may buy back later, but feel the stock is due for a pull-back. It is also worth noting I really like my portfolio at the moment, and will continue to buy the same names on weakness-- as I have been throughout this correction.

If someone told me, "You must sell all your stocks but one." Can you guess which one I would keep? That's right, MVIS!

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