Good morning. A quick pre-market note in case you are thinking of putting money in the market today… Well, as I said in my email yesterday, we are getting the bounce that I said would be coming soon … this morning in pre-market hours we are up roughly 0.35%. I would be really surprised if […]
As you all know after today’s huge decline, the market is REALLY oversold now. in fact 49.4% of the market sits 2 standard deviations below the 20 day moving average. Looking at history to see how close we are to a bounce, looks like we could be very close, but that ultimately there is a […]
A nasty, nasty day. I would suggest waiting to buy. I think we have some more downside, today we tested the june low and it didn’t hold … just kept on going. That’s a bad sign.
Good morning. Although I bought a little today and yesterday, I am NOT convinced that the market is ready to go up. I am testing the market with these small purchases, but not very confident. In fact, I’m only buying because of most other people’s assumption that we are close to a bottom. Today is […]