Thursday, March 3, 2011

DE added

A few favorable economic reports came out this morning and the market is really moving. The recovery even though it is slow it is happening. The Federal Reserve made some positive comments too. All of our old leaders CRUS, RVBD, CAT are moving in a positive direction. Today I added DE "deere". This is a agricultural play capitalizing on the making of heavy machinery and farming. DE needs to get above the 20 DMA to really confirm the move but in the long run it will move higher, period. The old high was just over 97. Expect DE to hit 100, we just don't when.

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