understanding the psychology of behavior

Entered positions in:

GE (Will add even more if 20 is broken downward.  This recent capital requirement was not needed, they did it to satisfy the market.)

PBR (Peak oil is real, and prices will stay high until alternatives slow the use of crude. Will add more around 37.)

PWR (Did anyone even bother to see the PTC was passed yesterday, and the alternative space has one common theme… upgraded Power Grid. But multiple compression is a bitch to deal with. Will add more if below 20 is observed.)

Still waiting for downgrades on MA, also BNI. Valuations look good, but downgrades should be coming as the global economy has slowed. (IMO, these downgrades will be lagging.)

This entry was posted on Thursday, October 2nd, 2008 at 11:24 am and is filed under markets, stocks, trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.