sounds like you've got it made. Im a trader with no extra funds to dump into long term holds,, although i wish i could have played that game,, i remember when rimm was sitting in th 9-10 range for along time with good market support, accum,, and good news accumulating, also i remember when espi was sitting in the 4's, Cree another example,, too many too mention,, on days like that i wanted a ton of cash to stick in there and sit,, but never was able to do it. I have a weird feeling about the market now,, that really peaked on friday. Im hoping that im not right because im trying to make a living out of trading. However I feel that we are entering a shorters market for the rest of the year on many issues and just as much money to be made while trading short. People used to trying to buy and hold popular stocks,, many of them nets,,for big gains are going to get killed in this market. It will take a few more weeks for the flock to learn that the quick and unusual spikes and peaks are not as reliable,, then boom! a shift will occur and new tactics will be have to be employed by many,,, Should get interesting.
Funny how all the rumors abounded last week,, many unfounded. |
