Yeah, there is no telling what this market is going to do.
The way I figure it shortest term, i.e., today & tomorrow, is that I can try to guess tomorrow's open and buy some stuff now, (or AH), and pray all night -- or I can do nothing.
If I do the former, I know I'll guess wrong, either as to market direction, which stocks to mess with, or both, and wind up poorer at the end of the day. If I do the latter, then I hold onto ALL of my capital for another day.
So, looks like tomorrow will be another good day for watching -- and reading, (I just started Farley's The Master Swing Trader).
augie
motto: When in doubt, sit it out. |