Over the last several weeks I really haven't been doing much of anything. Going into the lows of Febuary, I added heavily into many dividend paying companies. For now I am sitting tight, building cash levels, and selling some overbought positions. I am not interested in buying much of anything until we see a correction.
The one area that I am really interested in is gold stocks. I think sometime this week we could see a correction down to at least 17.20 on the GDX, possibly even 15.60. It will be fast a violent. I plan to add back on my positions within the GDXJ that I sold a week or so ago at 28 level.
A couple companies that I might add to soon are ABBV, GILD, PFE, AMGN