Kenny HIIIHOWAREYOUMANNN
What have i done wrong to you,, if you bgt at 25 you would have a cushion,,,don't fight the fed and follow the trend.....it is simple ...
My advice this morn was to elim all margin, i don't use it but there are many novices that will get hurt if the use it over the long run unless they buy mutual funds that are diver....I said that this is a possible turning pt i repeat POSSIBLE...I myself sld some jan 25's all my jan 30's and all my 35's and now with the dow down only 20 pts and mu up,,,,,,,i am sad but i have tremendous peace of mind going into this weekend....and more importantly i have liquidity but still have my 20s some 25's 40-45's....
Greenspan shocked the mkts but he has good advice ,,,now the bears will be laughing at him because we did not have a crash....I think greenspan was saying basically .... lighten up if you are overentended...that means be comfortable with your positions and don't use too much borrowed money...most of the bears are too cynical and like to fight authority too much to listen...
watch CSCO and DELL inthe days ahead they fought back like hell ,very nery impressively today....a place to put some of my mu profits
Something good always comes outof something bad...the good thing after today is that the volatility should be greater in the coming days so that the trading should be good....I am glad i did not buy puts today but maybe next week... |
