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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: DaWentz who wrote (1449)2/28/2007 11:00:17 PM
From: Square_Dealings  Read Replies (1) | Respond to of 1791
 
I am playing super defensive now. Probably best to use bounces to take more off the table imo. Tues action is like the first rumbling off the coast of Sumatra I'm afraid. Animals heading for the hills, people hanging out on the beach.

Need to wait for some kind of uptrend in alt energy. It's very possible many of these companies go BK and get bought out a lot lower.

Big problems in stock market now I think are structural. Stuff has to be sold to pay off margin and make settlements. Baby will get thrown out with the bath.

m.