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Coventry Health Care Inc. Message Board

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  • bobbobwhite bobbobwhite Apr 10, 2006 10:17 AM Flag

    Bob again

    I agree that being in mostly cash is not a bad idea these days as I look at 200 stocks each day and find hardly one in a week that meets my buy criteria.

    There are a ton of good stocks out there but nearly all are way overbought and thus too risky for my style as a result. I'm mostly on the sidelines now too, with only some old faves including PIXR(not for long)and NVDA and a few trading stocks. Even sold my AAPL after 8 years. Waiting for better days and better buys.

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    • Nice to hear from you again. Market is pretty miserable right now, new highs or not. UNH is taking it on the chin. There's a weak one with many, many hopefuls over there. They may all turn around again someday. For now I'll watch and wait for some confirmation of that. I won't mind giving up a few points to see something positive happen for a change.