If anyone here is interested where the market is going, I posted this last week:
techstocks.com
Both the DJIA and NASDAQ have met my targets of 6250 and 1260, respectively.
If you have courage, tomorrow morning before 10:30 AM is the time to buy. If you are cautious, then wait to be sure that the market is going to rebound, and start buying.
BTW, my picks are INTCW!, INTCW!!, INTCW!!! (as well as TLAB and MUEI, but this isn't their thread). As everyone should know, when the market moves higher, Intel is the first thing that they are going to buy. Think of owning INTCW as owning the market with a lot of leverage.
As for CSCO, it should rebound as well, however there are probably going to be better % gainers (if the market rebounds, of course).
Sal Habash |
