Thursday, April 02, 2009

What's up WHAT'S UP?!

Just got back from the last round of vacations (Japan, Tahoe, Japan again) so I've been out of the tumultous market for a bit.  While I was in Japan (the 2nd time), I did buy some Microsoft (NASDAQ: MSFT).  This was an emotional play for me, but I just couldn't pass up Microsoft at $18!  It's looking good so far.

I also purchased my 2nd third of General Electric (NYSE: GE) yesterday.  I'm not convinced that the market is going up from here, but I figure it wouldn't hurt to buy GE at $10.  I'm already prepared to buy more at $6 if it gets that low again (limit orders are IN!).  I also plan to increase positions in PGF and rebuy PM.  The yield on PM is looking very very yummy.

The market did great in March and is off to a good start this month.  However, the third week of April will be the true test on whether this is a fools rally or not.  GE, Intel (NASDAQ: INTC), and Citigroup (NYSE: C) all report during that time.  We already know that the numbers will be bad, but maybe the outlook will have a bit of a silver lining on the horizon?!  Let's hope so.

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