Some of the t/a guyz were around, and did just fine. Many stocks had nice, tradeable reversals, you just have to have some experience in what to look for is all>http://www.siliconinvestor.com/readmsg.aspx?msgid=16309430
My guess is most of the under 30 crowd has no idea how to trade a choppy, volatile market, as they have only seen the sunny, bull side, and not the darker, bear side.
This, then, is tuition.
What do you make of the INTC "guidance" after the close?
My take it is the same kind of b/s MOT tried to get away with a few weeks ago, and it has proven to be b/s, the hip-boot, stinky kind.....They, INTC, has had to drop trou to make sales, I just don't see any kind of turn yet.
""September is the most critical third month of any quarter of the year, Niles said, adding that roughly 50
percent of the quarter's revenue comes in that month. We'll just have to see how that tracks.""
That said, the cubes, (QQQ) are just above the April lows, and starting to look interesting on the long side...If/after they break below that line.
VIX is up 12% today, indicating things are yummy for good, nimble traders.
Cogito ergo sum.....
(I think, therefore I am) Decartes 1700 something. |
