Market Update 12:15pm

Published: Tue, 01/06/09

Stocks on watchlist continue to grind higher, 
 
My focus is shifting back tot he financials and i been buying upC today as I have been taking some very profitable trades off the table.
 
I am about o close out goog here.
 
After the last 4 trading days, I really want to step back and do some serious research and not get over confident in this market. I am still bias to the upside into the 2nd week of January. But now is the time to step back lock in profits and stay focused.
 
Right when you think you can't do anything wrong you will find yourself  startingto get over invested and this could lead to trouble.
 
I probably going to review the 10 for 1000 watch list for this week and revise it as there has been some big moves in alot of stocks.