Markets are solidly in negative ground after negative jobs report...
Loss of 63,000 jobs is second consecutive job loss.....NOT good !!!
Now the question IS...how LOW we go below Jan close ????
Today's close will tell the story......
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
Have a good day
Get a good bottle of wine as the market has no idea as to what to do
Madmax
Hi Madmax,
Thanks for your two messages.
As you can tell....I am in 3 stocks as I believe markets are way oversold...so a turnaround is around the corner.
You have good diversified strategy...I am more concentrated.
Saleem
Saleem
Good morning Saleem and fellow bloggers. I was hoping to see a major sell off today so that we could get the jan. low test over with. I was actually hoping that we would dip below Jan. lows so that we could have a little more predictable market. I sold a lot of my stock yesterday too Saleem. I am sitting in cash and waiting until we see what happens on Monday. I am LDK and a tiny bit of CCC and CHNR. I am hopeful to add to my positions on the cheap sometime soon. Best wishes to all.
Hi Doug,
Being comfortable with market is always important.....
I increase my comfort by decreasing exposure.....
Exposure IS important in case your stocks or markets surprises you on the UP side...
I am glad you are looking @ market first ...stocks later !!!
Saleem
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