Well, it would be in vain to pronounce the future of the market...long or short term, but I'm not affraid to scalp some in a panic. CASH IS KING right now. I dummied up last Oct. when the shit hit the fan, and there were wounded all over the place. I like the scooping method, though I'm not always patient enough to hold out for it.
This time, I got cleaned out before most others, so I husseled a few bucks, and it was good timing, though I, as you may know was unable to trade during that time(hate to beat the horse). So now I'm waiting. In these situations,where, like you say, outside factors...., I don't pay too much attention in the T/A. I look for quality that's been beaten black and blue.
Like your MER, and you know where I stand with DELL. I have been buying little bits of G for a while now, and will buy some more if I get the opp. Hold, trade, depends on the price the market puts on them next week, month. |
