>>price at
risk if markets stay down all day imo. Anyone with thoughts on todays movements so
far?<<
Yes, market going up. Too much good news. This morning
is just some profit taking from yesterday.
Coke did much better than expected. I think LU did well, how
much better, I'm not sure. REMEMBER, LU CC at 11:00am...
going on right now.
Most Blue Chipers (DOW) are beating their low estimates. Somewhat
comforting to the market.
I read last night, that there are now a lot of money
managers that want to deploy $$ into the markets. They've
been on sidelines for a while, and with the FED ease, and
promise of several more, etc....they fund managers want in
BIG TIME. Lots are waiting for a pullback. They are probably
waiting for a day like we had tuesday, but I expect they'll
be buying on dips if they don't see another "tuesday" like
drop.
I'm sort of 1/2 expecting a "tuesday" drop sometime in
the near future, but then again,
I think a lot of people are, so it may not happen that way. |
