rande-how about an update on market views?
I was looking for strength till mid month, when bonds crashed through 6.50% it flashed a big caution signal, now you got the fresh money waiting for a "dip", how long will they wait? now that markets are selling off, bonds are coming back, this is cat and mouse game, I still think you can buy the dips, especially on good traders like yahoo, and other highflyers, I was looking for dow 12000 by mid month, still think its possible, but need a good employment report friday to get interest markets calmed down, so i am somewhat confused short term because i expected more strength already, what are your thoughts? buy the dips? go long till your wrong? wait to make sure? I was up big time yesterday with dow off 140 (pcntf, cnqr,hifn,yahoo) but dont want to give up my gains, in fact, i would like to make more, (greedy) appreciate your thoughts here to help clarify my short term trading strategy--you have ability to help bring my thoughts into "focus", thanks |
