Soros,
Maybe I bought your shares, since I bought a slice today at 2.21. Why did I buy? The charts (one of which is below, but you can muck around with the time periods) all indicate some uncertainty and a turning point, at least to me, and the volume indicate today's price drop may well be reversed with strength in the next 1-2 days.
siliconinvestor.com
Fwiw, I think we see a generalized trading range for most of the markets until the fall: Naz from 1900 - 2600, the Dow 10,000 - 11,000 and my other favorite, OSX, from 108- 132. Your concerns are real but I think you may be 2-3 months early in your exit. Otoh, the Vix is telling us to take a breather, odd in advance of a rate cut?
Best regards,
Kb |
