Steve,
yup, you rolled the dice and you won today. Will you win on the next roll? Probably, if we keep getting the recurring pullbacks.
But, it's the same old question; do you want to chance letting the train leave without you? or do you sit on the chair and get smashed by the bolder?
COMS is going up, for the moment, that's the only thing I can count on with some assurance considering preannouncement month is over, earnings are due soon, any positive news boost can be right around the corner, and basically we are still under the 3-rate cuts in a row Fed move.
I'd like to trade this pup, but I need to see a more obvious opportunity. Still trying to learn the tricks of the trade, but as long as we're all still standing up and making $$, we can't really complain.
joe |