Wednesday January 14, 2009

A viewer mentioned Cramer's discussion of POT on his Monday's Mad Money program (which I do not advocate). Cramer himself will tell you he is more of a "fundamentalist" when it comes to stocks; and it showed, because his "technical" analysis of POT's double bottom did not include volume! I'm not crazy about the fertilizer sector; and as most of you already know, stocks that lead in one bull run rarely lead the next bull.

Summary: Be patient and stay on the sidelines.
Market: Weak
Sectors: Very little leadership
Stocks: Leading stocks are not acting well. Watching LOPE, LDR, HTS, AGNC, RGLD
Positions: None

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