In times of AIG

Where there is nothing left but wait till AIG comes with 75 billion bucks, we should be thinking in holding cash, and foresee new chances to get our portfolio running in a very very volatile market. By saying so, I willing put some thoughts on the table as nothing but bad news are coming from every single place, market, or country. What to play? a question that still should take us to books and do what we hate to do: wait. Take your positions and hold´em until it breaks your stops, that´s the only way you can stay cautious and at the same time can have a bite of the of a turning market, a market where there is no direction or trend any longer as everything is on the floor or going ahead to it. Despite this you can call some longs and some shorts that make worth your time.
longs: Barrick Gold Corp, General Electric, Tesoro, Pacific Ethanol, Office Depot and Hecla Mining.
shorts: Deltic Timber, Northern Trust, Covance, Walter Industries, Flowserve, Capitol Federal Financial, Valmont

keep an eye on: Amgen and Wallmart

Taking a look at my stocks. 17 days later

WM taking al the heat from housing is trading withing red zone. entry point: 518/ trading at 461
mtmk: -12% .
MF gainging strengh from bottom is coming every time closer to exit point. entry point: 490/ trading at 740, mtmk: 50%
Holx filling the gap, the stock is recovering slowly. entry point: 2500/ trading at 2106, mtmk: -16% (stop triggered at 15% down-trading)
Lly moderate trading activity. entry point: 4800/ trading at 4814, mtmk: 0.2%
Barc near its target price. entry point: 289/ trading at 350, mtmk: 17%
GE higher lows, good forcast. entry point: 2750/ trading at 2966, mtmk: 8%
Fls 4 tops chart, downtrend drawing combined with oil issue. entry point: 13560/ trading at 12149, mtmk: 11.5%
CVD double top january 2008, lets see what´s next. entry point: 8964/ trading at 9907, mtmk: -10.5%
bulls eye criteria: GOOG, trading up from a very well known level (4750), is aiming to regaing fibonacci levels