General Stock Ideas

[bigworld]

scstocks: I've done something that might be stupid, or might pan out. I had intended to sell my SRTY position before the close Friday. But I had a full day set Friday taking my niece all over the campus at the University of Texas here in Austin. She's interested in architecture, and UT has a great program. She met with faculty and students, toured the campus, and came away very impressed. She has a few more schools to visit including Clemson and Virginia Tech. Anyway, I did not sell my position. After the weak opening SRTY rebounded and was over $47.00. So when we left I put in a stop at $46.99 to preserve some profit. The day ended up about $0.25 up. So I still have my position. In at $45.33. Currently at $47.33. I'll see how Monday goes. The market has only had two trading days to digest that big 300 point romp last Wednesday. Monday should give us an indication if we;re going to ramp up higher or if we see headwinds. Very difficult to predict. On fundamentals we should have crashed years ago. But with the Fed talking about tightening and the debt ceiling debates coming up I have to think the market drops or grinds for a while. Interesting times. But difficult to be an investor.