The Trading Almanac

A diary of investments in my IRA, a daily look at my stock watch list, and additional commentary/discussions on individual stocks, the overall market, economics, technology, etc.

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Location: United States

Tuesday, February 07, 2006

Hindsight Report for Tuesday Februrary 7, 2006

Stocks I would have liked to own today:

MOT Motorola, Inc
MOH Molina Healthcare
ADSK Autodesk, Inc

This is the smallest group ever. While the Dow Jones was only down 0.5%, the Russell 2000 Small-Cap index was down 1.5%. And very few stocks were up. 3 of my 6 holdings were up but GOOG and TRAD were both down over 4%. The one bright spot was CWTR up 1.37% on the day.

This meager Hindsight offering could be the sign of a market bottom, probably in the next week. All momentum stocks were slammed today. Look for large caps and safe stocks to slowly come back and then mo-mo stocks will follow with a vengeance, perhaps by Friday...We'll see, but you read it here first.

The Hindsight Report STORY

Please read the Trading Almanac DISCLOSURE

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