Hi Jane,
20K shares ? Jeeez, people might start to think there might be some long-term investor blood in ya ! lol
Hmmmmmm .... the NASDAQ rebounded back up to the 50 dMA again, what a surprise !!!
quote.yahoo.com^IXIC&d=c&k=c2&a=v&p=m50,m200,e50,e200&t=1y&l=on&z=m&q=l
August is anyone's guess, but I'm still thinking that early Sept - late Oct will be down months. My hunch for the near term is that the NASDAQ will have a magnetic attraction for its 50 dMA. But in this insane market, its always possible that the NASDAQ could make a run for its 200 dMA (2500ish) between now and Labor Day. I would be stunned if it did, but not so stunned that I wouldn't try to make money from the move, lol.
Of course, I'm biased. I think valuations are too high and I think the consumer is not gonna pull us out this time. Maybe if the slowdown were just North America, but it's not.
Hey ! When the NASDAQ rallies, 2Mar$'s "Guidance" thread gets pretty quiet, lol. So c'mon over and post some stocks you're watching when you see ones you like. I'm sure 2Mar$ will offer you a Diet Pepsi is you ask him. :-)
You'll have to bring your own Twinkie's though. <g>
Regards,
Chris |
