Good job -bbb-
With the market down, most boards are dead dead and dead. NTRZ had a nice day Thursday up a lousy .08, but it brought out posters from all the cracks in the woodwork. I think the key stocks as a group are really holding up well to the market, and the cheers from the rest of the members of this board will begin this next week as the market has a huge rally. Why this week?
1. I hear rumors that the April oil future is being squeezed forcing up oil artificially, and seasonal swings favor oil correcting anyway. If oil takes a dive, gold/silver fall also and the dollar and stocks soar. The April future expires this week.
2. The Fed may make a surprise move and try to strengthen the dollar on Tuesday. How? Just by lowering interest rates less than expected.
I have not seen this much bearishness since 9/11/01. Even then the NASDAQ had a 40% rally from October 2001 to December 2001. We are due for something, but I got mucho cash anyway if it keeps falling. My only 3 current holdings went up last week, TMEN, NTRZ, and FEED. I feel all three are not tied to the market as much as bigger stocks are. I added BOBS Thursday and it is down a bit. I may add some of the charted stocks if I feel the market is going up. DPDW I hope is independent of a drop in the price of oil, but a better buying opportunity may develop there if oil falls, if not I will miss that boat, DPDW looks great.
GL ALL
