I think I read in the text of her "sermon" that the allocation of funds to stocks was for newer players. I could be wrong, but what the street says is meaningless to my work. I would bet they were very, very long futures on the indexes this morn, before the open, and of course dumped into the frenzy, until her sermon came out.
I am sure you saw the index futures spike big pre-open, and look where they ended. I am getting good at picking up on their tactics, so I play the game, knowing what they are really up to.
So, if they lost on the stocks, they made that up and more by jerking the futures.
I see ups and downs untill about 17 April, when the money flow into the funds dries up. And the effect of higher rates kicks in. Then what?? But, as long as you are a good stock picker, which we are, we will land upright...All those 1000%++ gainers have made me very picky & spoiled, as I find few new things that I like, and continue to work the old picks, but I am still looking..I want to find the next jmar, jmarw, aria, ariaw, dkey, atms, nwrew, (ariaw & jmarw were by far the best, @ about 12 cents each)ARIAW hit $40 bucks, I sold early at $20<G>..........although, with all of those bought at or near their respective bottoms, I should quit for the next 10 years. Nah
It's been a great first quarter for me... |
