im not so much focussed on the day, as the time period, i feel very strongly (level 4.5) that we will rally strongly from election to fomc meeting, and our favorite high flyers will have their comeback, volatility will remain, but we are going to get a sweet spot to play in, but im also looking for some non-techs to buy and hold as a safe haven, something that is "slow and steady" to smooth out my wild trading plays that are feast or famine--thats why im for the first time ever buying an reit like cei-- although you were buying them this summer!
finally, my msft indicator says bush has about a 5 point spread on gore, if msft goes up prior to the election, look for bush's lead to increase, if msft if below 65 on nov 7th, gore has a shot, but right now, my msft indicator is declaring a bush win, and it will probably not be as close as what the polls/media are telling us today
i think we have crossed the valley and those of us that are still standing can enjoy a "sweet spot" for the next few weeks anyway
stay tuned |