micros ramblings

comments on investing by themicrokid. mutual funds, index funds, leveraged funds by Rydex, common stocks, closed end funds - CEF, exchange traded funds - ETF, and market timing are areas of interest.

Wednesday, February 15, 2006

Whiplash resolved?

The market feels likely to go a bit higher. I am not changing my positions, but will be watching for any sign of a crack. When the crack happens, it is likely to be brutal again. With options expiration this week, that is a concern. Another concern is the fact that the Nasdaq Composite and the New York Stock Exchange Indexes have had little rally as compared to the DJIA. These should come together soon and that may determine the direction. I would be surprised, if there is a lot of upside, but must play the cards as I see them.

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