Hold Off on Buying Facebook

1. Sideways market

We’ve had a sharp selloff. Then a big bounce. And now? Boredom I’m afraid, with the averages moving sideways until the market can figure out if it’s really Bear or Bull.

2. Facebook a buy?

Do you like Facebook (NASDAQ:FB)? If so, I think you’ll be able to buy it much cheaper in the weeks ahead.

3. Follow Buffett to Deere?

In the most recent filing, it was revealed that The Oracle has taken a big position in Deere (NYSE:DE). If you want to follow him, I’d do so at least a few dollars lower than where it is now.

Back next week to start thinking about spring!