I am getting the itch to buy a few stocks for a trade, but I feel that the downside target for this market is 10,200 on the Dow. If we can get under 10,300, I am going to go fishing in retail, consumer non-cyclicals, and financial sectors. Specifically: BBY, WMT, BUD, and BAC.

I realize that WMT & BAC are in the IA portfolio (Longer Term Investments), but as a short term trade I am willing to go out on a limb for a bounce.

Hurricane Rita seems to like her hot tub (The Gulf Waters), and may eventually reach the catagory 5 level. Yikes! We went through Ivan, and that was scary enough. I cannot imagine what a Cat 5 will do, and hope that it weakens before land.

Oh, one more thought. It looks like oil demand will continue to be a problem for a lot longer than I had anticipated. The more oil released from the SPR, the longer its going to take to refill it. So, for now, "higher for longer"