The market afforded the opportunity at the open to take some profits. I sold all my PCP calls this morning near the open. I also sold some more of my GRMN calls (40% now sold) immediately at open, sensing weakness today.My stocks, however, are holding up pretty well considering that the DJI is down more than 60 points at the time of this posting. UA is moving higher, TIE is up, and PCP received an upgrade from Goldman Sachs this morning (initiated at a Buy). SIRO is powering along as well, but I am a little disappointed with ROCM (I was hoping for a little more interest).
AAPL, GRMN, and NVDA actually need a rest and this is what the doctor ordered.
I may be looking at GS for an entry later today and will be looking to add to TIE if the bulls put up a fight this afternoon.
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