Probably a lot of the folks who frequent SI don't even
want to log on and get caught up, market is in such a sorry
state. Miss the old euphoria of spring--too bad the party
ended, probably a lot of us were betting on a September or
October correction/crash. Oh well, just part of the greed
and the gambling! All there is to do now is slowly add to
positions of your favorites on dips--we are back to
investing. Accumulate shares, and hold. Tried to do some
trading these past couple weeks--was not even able to break
even on Ligand, which is plenty liquid. I zig, it zags/awful.
Look on the bright side--everything is on sale! Unfortunately,
when Coke and GE and MSFT finally suffer their bad days, don't
expect there to be anybody loading up on micro-biotech...
Oh well, a bit of a rant, apologies to anybody left on the thread.
Save your cash--and when you inevitably hear breaking news:
"DOW below 7000"
"DOW below 6000"
over the next few months, sneak in a few orders for your favorites
--have some fun too, offer less than the ask and see if your order
fires off--it's a buyers market now!
eom |
