Today's market

The bottom fell off for retail today. The biggest losers in my portfolio are all retail stocks. TNP, however, continue its surge since the positive earning surprise. The current world wide oil production is favors TNP's near and mid-term future. Long term wise, as long as India and China don't hit a hard landing, the down side risk is still low.

I am starting to look into adding to my URBN position. I had a tiny position established a few months ago after its initial drop. It has been down 25% since, netting me a small paper loss. Longer term wise, this is a very well manage company. Current woe is a good opportunity to get in and establish a sizeable investment. (chuckle.. don't really mind telling people what I am going to do because (1) nobody reads my blog, and that's a fact (2) I am such a small potato, there is no harm in showing my hand... I always laugh when I read other investment blog that the author always say "I am adding/unloading a position, will let you know when I am done..." come on, are you kidding me? everyone thinks they are Warren Buffett or Eddie Lampert... it's funny)