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Strategies & Market Trends : Guidance and Visibility
AAPL 258.33-0.6%3:59 PM EST
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To: lexi2004 who wrote (195119)6/23/2009 1:07:09 AM
From: nokomis  Read Replies (2) of 208838
 
Not much good news out there, and Asia down considerably....it was not the usual 'buy the dips' today, that's for sure. I suspect we'll see a gap up for FAZ in the morning.

Still, Kazuaki Oh'e, executive director of debt capital markets at CIBC World Markets in Tokyo, said gains may fade given the hefty auction slate this week, and before the Fed meeting. "This is not such good timing to buy. The first reaction (to expected equity weakness) is to buy, but at some point we'll see some profit-taking. If you're already long, you must be nervous."
marketwatch.com
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