GZ,OJ,
I know you guys have been telling us what you think about...dead cat bounces...shorting rallies, if what supports are being broken, etc. All that is fine even scalping 100 + stocks for a few points is ok...
I think investors should be bargain hunting quality oversold stocks here. Nibbling until market direction is clear...I'm not as bearish as you guys seem to be for the moment. The market climate going forward is great from my point of view regardless of present sentiment....
IMO, we are setting up a beautiful bear trap. As stated above, to each his own....I'm just alittle more optimistic I guess about valuations, growth, interest rates. Wait and see tactics are fine.
Not everyone are micro-traders.
don't throw stones....just stating a difference of opinion. But, still I never throw caution to the wind. I don't thnk my position has changed, I just don't express it everyday....these pullbacks have been buying opportunities in my eyes.
p.s. GZ, I just started trading the NQ's for daytrading cash...and have taken longer term buys in LU, INTC,MSFT, etc.
JJ |
