OK - I bit the bullet and paid for a membership ... so now I can finally say HELLO to all the people I've been reading for a while.
>>Quite a reversal today...are we in for an August surprise?? >>
August Surprise ?? I'm still dithering ...
Given the nervous volatility of the market recently, I might have expected todays employment figures to initiate a slight run-up, followed by a profit-taking sell-off. If that happens I could see the slide continuing until the FED announcement.
Perhaps I need to look at those graphs again and try harder to understand ....
There again, all I've managed to do with any consistency so far, is to prove to myself that I'm a lot better at money quickly than making it (a real beginner you see).
Do you feel that this current upturn really could be the start of the autumn rally, or might it not be a short-lived burst in anticipation of the employment figures. ??
I hope nobody minds a complete novice newbie asking too many questions ... but that's why I'm here ... to try to learn more, and profit from other people's greater insight.
Voluntary Disclosure.
Current Port. is almost all cash (Ca. $150,000 only) plus :- Lightpath (for 6 months+) FiberCore (recent) (They aren't cash because they don't represent much - yet)
Following: Sycamore, Juniper, Network Appliance, Harmonic Lightwave, Digital Lightwave, Newport, Brocade, ARM, PMC Sierra (all the usual stuff)
and trying to read Tollgrade Comms. as a trading opportunity (big intraday swings) |