Some would say to that, wait a minute, that would be cutting your winners and letting your losers run you down ... these people operate on the theory that whatever happened today is likely to continue happening tomorrow
Others start with the basic outlook that the market is a sort of spring, bouncing and ranging back and forth, so whatever it does today, there will likely be an opposite reaction tomorrow, or the next day, or pretty soon anyway ... it's the 'Nothing goes in a straight line forever' theory, i tend to it generally, to a fault sometimes - it is unwise to get doctrinaire about either of these paths, due to the 'Change is just the way things are' factor
In a main margin account the value of which i happened to write down on the weekend, it's been updated and i'm down 9.3555% now ... no wonder i don't make a habit of calculating overall performance, it's too depressing at times like this, lol ... but the F account [usd/US stocks, mostly mmg] is absolutely rock stable, couldn't ask for better, thank you so much MLK, at this rate we shall overcome
Wouldn't be all that surprising to see our markets close greenish, would it ... or that fabled thousand-point whackaroo on the Dow either ... do they cut tomorrow, and if so how much - it's like Ms Market and Uncle Ben playing chicken ... asians really losing their cool here, but they tend to follow, not lead ... no one will care about any of this in a hundred years, meantime quality metals stocks will get us through |
