Thanks Protege. . . my plan today. . . I am trading as tho I expect another head-fake to the north and another panic sell-off. . .There was not enough BUYING in the internets to believe that the Market Makers are on the buy side. . . so I think this is nothing but a head-fake to fool some. . . then back to panic.
But this time I think the selling will be followed by a REAL and immediate bounce back of the BEST companies only. . .and from there we see a ridiculously narrow rally.
I have placed limit buys on AMZN, DCLK, EGRP, ATHM, LU, INTC, CPQ, RNWK, CNET, WMT in hopes that the panic selling pushes them to my price. I am betting that there will be more panic selling, but that buyers will meet them this time and it finally will start back up, tho not sure how long it will stay up. . . hoping this is all temporary but preparing for it to be all summer long.
Rande Is |
