Not day trading from this market. The market is ridiculously manipulated with absurd news that seems to continue with different aspect and perspective. We get the point that things for housing and credit card is not a good thing. But why does "news" such as CNBC keep repeating the same stuff but in a different way. This causes more panic/ fear of selling. But as Warren Buffet quote
"we gain greed from others fear" This gives us the opportunity to buy top notch stocks at a ridiculously low price.
Currently holding C @ 31.50. AAPL @ 172.40. Bidu @ 324.
Market is still uncertain for day trade. However, I might keep these stocks in a long term portfolio for now since Day trading isn't good until probably Dec.
Wednesday, November 28, 2007
Subscribe to:
Post Comments (Atom)
2 comments:
Nice I got into C and AAPL for a 5%+ gain for the day. Was wondering like if you are not busy at all like have a chatroom setup whenever you are around we can look at the picks you recommend.
That is good. When you have profit, you should take it. However, I am still holding onto those stocks for a little longer than I normally would. Sorry I don't usually monitors these stocks all day. I check once in a while with a good stop loss so I have nothing to really worry about.
Post a Comment