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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (78846)1/22/2008 8:03:33 AM
From: robert b furman  Read Replies (2) of 94695
 
Hi GZ,

There has been four days of pain for the price of three as da chief would say.

As you point out,what is happening is a discount on everything in the store and all people want to do to feel better is return the merchandise.

It is the opposite of what should be happening.

There is one other great feature about these types of panic selloffs.It clearly contrasts those stocks that are in strong hands.

Looking for the stocks that withstand this selloff - will give us great clues as to where the next leadership will come from.

So grab a comfortable seat.Watch your favorites and a few others that your thinking about and let the purge run.

In chaos lies opportunity.

A day like today gives us volatility.

Although I'm not looking for a market reversal here (I'll take one if they give it) there's got to be some powerful scalps to play.

Best of trades to you!!

Bob
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