Thursday, November 1, 2007

I do nusssing!

With the big post-fed-bounce out of the way, and now the Citi in red news, the market corrects. Big time. Down about 222 on the Dow as of this moment. If I were sitting on a pile of cash, I'd be on the lookout for bargain buys about mid-afternoon. But I'm not. And I'm not sitting on any real trend or fashion stocks that I'm concerned about (Crox down 30%!!!). You could argue that Chipotle falls in that camp, but I'd argue back that Chipotle is a quality/healthy lifestyle play, not a trend play. Given all that, the best thing I can probably do is go grocery shopping so I can feed my daughter a nice steak dinner tonight, and maybe go golfing while the weather holds.

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