Posterous theme by Cory Watilo

Taking some of my cash and jumping in $$ $BKS $WWE $K $JNJ $HD

Ok, it's Sunday night, so tonight I do my trading.  I'm standing pat on the stocks I currently own ($AAPL, $BRK.B, $KO and $SIRI) and I'm adding some positions:

Note, all of these stocks are currently below their 50 and 200 day moving averages and all of these stocks have a name monopoly.

$BKS - Barnes and Nobel - All over the place as far as stores go.  Selling books, even on the iPad and they just released a cheaper Kindle.
$WWE - World Wrestling Entertainment - Always a great company, no competition at all.  Money coming out their butts and they pay a dividend.  Works for me.
$K - Kellogs - They're grrrrrrrrrrrrreat!  Even when people have no money, they buy cereal.
$JNJ - Johnson and Johnson - People gotta buy the staples and they makes tons of them.
$HD - Home Depot - This is a short term risky one, however they dropped quite aways from their averages for no good reason and with winter coming, people will need to repair damage to their homes to stay warm.  I like Home Depot better than Lowes, so I went with them, but Lowes is also in the toilet at the moment.  Home Depot also has the higher high in the past year, so I went with them. 

Invest in peace...