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Message: Thurssday morning update

Hi Susan - Welcome aboard!

I still follow Peter's blog, but I limit my comments there to general market themes. I use Firefox as my browser which allows multiple tabs - makes it real easy to keep up with several things at once. On my tabs, I have Peter on the left, this one in the middle, and Barry Rithholtz on the right. I guess I should put Peter on the right - lol, but that would require clicking and dragging a tab - too much work lol.

I have my own theory as to what happened yesterday. I think the market was so overbought, traders were looking for an exuse to take profits. Mr. Market really needs a rest at least for a week or 2. I think a pullback is upon us. Same is true for the US dollar and gold. I sold my mid-cap PM stocks a couple of days ago, but keeping my micro cap Venture stocks for what I expect (hope) will be a nice run into the New Year. So that's my story & I'm sticking too it!

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