Wild ride on the market Thrusday and Friday, huh? First a bull trap, then a bear trap, then a double reverse bear head fake followed by an imitation bull run. You've got to be quick, hit and run, head for the hills, run for cover, back to cash.
I'm happy just to make a quick hit every now and then whenever I feel certain about something one way or the other. Otherwise, I'm just sitting on the cash pile waiting for all this to bottom out.
Alot of weapons for the Bear. Hong Kong, Korea, Japan, Brazil, Latin Markets, Iraq. This could go on for a long time. All those economies are not as healthy as ours and will not rebound so fast. HMMMMMM 1 month, 6 months, 1 year? |