Yeah! As I thought yesterday, as I was taking profits in my big cap longs, not much follow-thru today.
Might be options related, or everybody, including the funds are just short term trading now, or a combination of both? Or maybe people are just unloading on any upmove?
Message 17336912
People have to understand, again, that a
one day upmove does not a bull market make....
We will probably see a lot of up & down into Friday, due to the options expiry..
And the real value is in the tiny, unfollowed by the street stocks we specialize in...
If you are going to hold something, I would rather hold a $1 stock that can move to $10, rather than a $40 stock that can move to $80, or dump into $30, ala GE.....(that's what options are for) |
