That's right, day two of just "sitting on the dock of the bay".......well, not really. But I am sitting on the sidelines. In a market like this there is no reason to make a hero out of yourself. Until this bailout....whoops, I mean this new financial bill is passed you are asking for trouble. At the beginning of the week we all felt it was a done deal and we were just guessing exactly what it would look like. At this point let's sit on the side line. There is no reason to take a knife for anyone or any stock.
My guess is that by Monday we will know if we are eating steak this winter...or beans!
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