Thursday, June 28, 2007

Calm before the storm ?


The markets are generally quiet so far. Most people of course are waiting for the 2:15 announcement from the FOMC before knowing what direction the market may take. Until then a lot of folks are taking a few zzzzzz's before then.
My new position in Big Lots (BIG) is doing fine. It is just churning around a little like a lot of other stocks right now. Next buy point for BIG will be when it moves up over $30.50.
Once this market finds some direction and settles out I will be posting new charts and setups for us to watch.
Fp80


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