Am I Buying?

The answer is yes.

Right now, I’m taking a hard look at STP, BOOM, MELI, & YHOO, yes I said YHOO. I’m also watching for a breakout in AMZN above $67.50.

If you have yet to take advantage of this huge sale in equities, I suggest you do so. I think this rally can last a few weeks, so in the event we get some sort of dip today, it will be met with huge buying power by your boy Cajun.

Off to go scan The PPT for more winners.

Frankly, I’ve heard too many positive things this morning and have been adding to positions accordingly.

I added to my GOOG, UA, & ENER position.

I also took a stab a HANS. If you don’t know by now, Coke is a new distributor for Monster &The PPT likes it. I also bought ATVI.

Another stock worth looking at via The PPT is FWLT, that one looks good right here. And, how bout a little BOOM in the $5 dollar range?

There are many reason why this rally should hold, so I placing my money where my mouth is. The 666 bottom lives on.

Buy Something.

Note: my GE buy from $6, is paying immediate dividends.

Welcome to the 2009 Stock March Madness Tournament. Sorry for those that did not make the cut, space was limited, it was a first come first serve basis, duplicate picks & stocks under $5 were not accepted.

Rules: Stocks will go head to head each week. The stock with the highest percentage gain, for that week, will advance to the next round. Stocks will reset each round.

Tournament starts tomorrow, may the best man win.

Ok, enough doom and gloom. Let talk about something important, let’s talk about the 2nd annual iBC final four tournament.

Back by popular demand, take a look at last year’s contest.

If you are interested in playing, we have 64 spots, 20 of which are reserved for frequent ibc posters, to register simply leave the name of your stock in the comment section.

Notes: You may select an ETF, no duplicate picks, and share price must be above $5.

Prizes:

1st: Autographed cans of monster by The Fly

2nd: Set of Steak knives, literally. We will mail it.

If we rally from today’s low, the bottom will be 666. That’s right, 666. If we rally for a few days, then drop again, guess where support will be? 666.

Ha, no way in hell that will hold. And, when the low doesn’t hold, there will be so much panic, well… FINANCIAL ARMAGEDDON.

Enjoy your weekend!