Soon after I got out, it appears that the market staged a nice rally and most of the stocks are back to or above the levels where I exited the market. I did enter new positions in First Solar (FSLR) and JA Solar Holding (JASO) - I wonder if I bought it since the company is named with my initials :-)
I have also held onto BCSI, IBM and reentered ISRG. I missed out on the big move by Chipotle (CMG). Heard they are launching a new asian cuisine chain. That could really get growth to spurt if successful. I took profits in JO (coffee ETF and SGG - Sugar ETF). The Sugar ETF was timed well, the coffee as well, but the coffee ETF has taken off since then. I am looking to reenter the coffee etf if the position presents itself. I believe Coffee prices will continue to increase for a while. Sugar might also be attractive as it has pulled back 10% or so.
I am just too busy at work to mess too much with stocks. Hence the reduced number of posts. I currently have open long call positions in AMSC (losing money), FORM (losing money - didn't take my 150% profits), GLW (profitable), GRMN (profitable), and Ford (about breakeven).
Markets have been acting strong and I am beginning to think that my old analysis that was thinking about DOW 13500 or higher may not be far fetched anymore. However, the Nasdaq is approaching the high set in late 2007. A pull back may occur soon in the markets. So I am cautiously optimistic.
