<<Me, too I been saying the same thing, I used to be able to understand what was going to happen and what was happening, now I'm having a hard time knowing what to do next, so I sit and watch mostly. I had this horrible idea pop in my head today, that the only way one will be able to beat the market is to play on days like today. >>
You read my mind.......and thats scary if you feel the same way.
Why does part of me think that we are just gonna ride this volatile wave for the next year or two.......bounce up and down 500 points or so, but not really get anywhere. How many times will we hear "a bottom has been placed" ...or " the market goes up from here"?? What good does it do if we just go up and down like a yo yo not progressing. Most folks will lose timing the market and I think this year has proven that. Sure, there are some folks making money....plenty of them in fact, but I'd bet every penny I have that there are far more people hurting this year then kicking ass like we did in years past. I heard somebody mention they were bummed about being down 10% for the year....sheez, I'll take that right now in a freakin heartbeat. me personally, I have never seen money disappear so fast....simply amazing.
have a good night.....whats in store for tomorrow? JDSU is all over the board....
Keith.......ps, just heard a couple of talking heads saying selling in NT was way overdone, it is a giant, growing nicely with a bright, bright future. They said current pricing in the $40's is a bargain folks should not pass up....just thought I'd pass it on...I grabbed a little NT myself earlier, so I hope they were right. |