Well, the market made me look smart...Opened real weak on good volume, went down 50, 60, wasnt as weak as I thought it initially would and somewhat rallied but wasnt down enough to rally and then, as expected sold off around 2pm, down 130ish at its worst.. On cue, the market came with its 3:40 rally, shaving 30 points off the slide.
As a trader, great opportunity to trade for profits. Not thebest I have seen since tech simply remained ugly, but you have to look to different stocks than tech to make money on a day like today.
FOr longer term players, prices are NOT discounted enough yet.
Regards,
Steve@yamner.com |
