What to do while on the sidelines?

I just came from a lunch get together with fellow traders. The other 3 I was with could actually pass off as my mentors as they know a whole lot more than me.
We discussed the week that was in both the local and US market scenes. General sentiment is to stay in the sidelines.




DJI as of 03/14/08
Yesterday's close down 194.65 points from a start-of-week rise of more than 400 points.
The Feds are meeting up Tuesday next week to discuss further measures.







PSEi as of 03/14/08
Looking for excitement?
Wrong place.








But what to do while controlling your urge to buy without clear greens?
- Develop your own Market Feel
- Study Charts
- Understand Fundamentals at work (not necessarily be guided by them)

Thanks to Paul, Bonner, and Amado for the wonderful company.