Interesting that I gave the same Cube's number to TM in a conversation this evening.
When folks get their brokerage statements this month, they are not going to be happy campers. Then, I've had a great year so far, just being able to go long, and learning to stay away from that weekly down trend line. I do have support for CSCO ~$22 and INTC ~$25, so the stand could be around here. Those two are my current keys, and, if they break, I'll just sit in cash until this resolves itself. In this Market, if those 60 min sto's get to the top, stand aside. Just don't try to anticipate where up is, as down is still an unknown. A bear market is not very forgiving to an entry error.
TB |