Good morning Julie. NT is an awesome company, IMO. But, will it matter in this market? Is it fairly valued?
I hate the way the media is pumping that Nov. and Dec. are great months in the market, and that huge gains are made in Nov.-Dec., blah, blah, blah, and that the bottom is in. If it were that easy we would all be rich. They fail to point out that in 97, the market went nowhere in Nov. through Jan., it can happen again.
First call has been cutting earnings estimates like mad for next qtr., and the 1st qtr..
Oil is still high, and threatens us with potential inflation.
IMO, this market is going nowhere.
CSCO is dead money, IMO. And, no matter what the earnings are, there will still be doubt about CSCO going forward.
I will continue to trade some.
We might get back to a high flying stock market again next year sometime, after valuations are adjusted even more.
The market is volatile, it's good for trading, there will be many bounces and failed rallies along the way, IMO.
Until I see oil under $30, there is no bottom, IMO.
I'm trading less and less, and may even walk away some days.
For what it's worth, in my opinion only. |
