I am a wuss by nature and that is why I like trend following. It comforts me to have the wind at my back and I am a small fry in the scheme of wall Street so smimming under the sharks and/or in their wake like you see in all the Shark footage – suits me.

Much of the time lately I do nothing accept check end of day pricing. I miss the action, but less and less each day.

That said, I still have a feel for this tape and love to voice my opinion so if you are short and win here – you earned it!

No doubt that Oil and Gold are now broken but those are in parabolic down moves and I am tempted to trade from the long side.

Tonight, Adobe (ADBE) surprised – one of my top holdings and fave company. It is up 30 plus percent the last few months.

Akamai (AKAM) – my fave tech stock and although rediculously priced, shows no signs of slowing and in fact is accelerating. Double sweetness is that tempe’s Limelight, a competitor just raised $130 million from Goldman to compete. Phoenix is really on the map for tech and internet these days. i am visiting daily with cool internet start-ups. I like Akamai’s chaces for continued domination of speeeed.

WEBX, MOT, EBAY, NUAN, AAPL and NVT are my other tech holdings right now. I am looking at GPS again (garmin, lojack). Nuance is my biggest disappointment of late. Although my year’s big winner, it has pulled back and I have not added. Just have no feel for the business although I believe in Voice.

The countries I own are Japan and Malaysia (EWJ and EWM)

My other favorite tech play (very low tech :) ) – Chipotles – is weak and hovering at my $50 buy point but I love it so.

Here are some key research points from degraaf that have helped me gain conviction in my current thinking: