NO PANIC. Waited 2pm for $108(Bought $108.5 stop loss $110.5)now $111.
The market had low VOLUME (little more than half), so I had to wait until the end of the day to put in another buy, just missed the bottom at $108 it happened to quick, got a block (10,000Sh) at $108.5, decided to put in a stop loss, I almost left for the day due to the low volume, low volume caused me not to sell, but to wait it out with a stop loss at $110.5, its now $111, so looking good for tomorrow. I believe that with AOL at least, there is no need to panic because of the >6%+ Interest Yield on the 30 Year Long Bond. How did you like the Greenspan orchestra, meeting with the Bankers is all about Asia, wait and see until June 18th and June 29th Fed announcements. Friday is contrarian to what you will hear, remember the only way to pay off debt (loans/interest) is to earn, to work to produce to HEAT UP THE ECONOMY. I would rather the US ECONOMY gets OVERHEATED than that we kill ourselves off with high Fed Reserve Interest for curbs, just to help out Asia, time for Asia to bribe more importers I guess, since all this focus on Asia has not and probably NEVER WILL help our exporters, its a big hoax, to help a few politicos and importers. US Will not let Greenspan stop us, if he tries, he is toast, and so is the confirmation process for US Treasury. AOL is back in play.
I am,
Truly yours,
-Crystal ball |
