Thursday, June 7, 2007

WALL of WORRY everywhere...will it CLIMB ???

Everything is going WRONG for Wall Street.................

Bond Yield above 5%

Fast Money ...all of them SHORT BIG TIME

Cramer says....buy in one or TWO weeks @ better prices

Jobless claims not GROWING as expected

Every analyst is SCARED

Now the real question is is it all in the market..... or will it ALL be factored in by this Friday....

So you have a real decision to make .....be SCARED like everybody listed ABOVE or be BRAVE & SIT TIGHT ...do nothing...do buying...or do switching into your OWN FOUR HORSEMEN.

I say pay NO ATTENTION to DOOMSTERS and DO your own thing..............

Own thing could mean selling your profitable trades.....and sit tight till whenever YOUR COMFORT LEVEL tells you to BUY IN.....................

For US brave souls this is nothing more than an EXPECTED pullback in a BULL market.

I do not pay attention to NOISE on Wall & Broad.

Worldwide interest rate is getting to 6.50% including China,India,ECB......so why there is so much HOOPLA about an INFAMOUS 5%..........

Buy the right stocks and enjoy the NOISE also.

Most of the Strong stocks are in GREEN......RIMM,AAPL,GOOG,CROX.............so where is the PROBLEM ??????

I hope you did buy something into the selloff yesterday...as I DID...my ACTION speaks LOUDER than WORDS $$$$$

My phone & Hi Speed modem were down since 2PM yesterday..... came back this AM.....extremely UNUSUAL for phone lines to be OUT this long..........

Please do your OWN due diligence & ENSURE your OWN COMFORT level.

BLOG does not give BUY or SELL.

Try to ENJOY your day...no matter what...it is only money !!!!

Saleem

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