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Re: zab post# 608966

Monday, 01/12/2009 7:38:34 PM

Monday, January 12, 2009 7:38:34 PM

Post# of 704049
Hi zab...wow - what a downer - that's painting a rather bleak picture - all shades of black - or should I say red? lol

Actually there were quite a few stocks today looking strong ....HOLX,MR, AIB,CMVT, TEVA, SLM,Best Buy, or short T...!

Market is very oversold here...boy they hated that new Tarp news so the market piggy banked on banks and insurance today ...steel and potash-erizers dug a deeper hole...

863 would be bearish for sure...

I found the psychology of fear and mistrust can work against you at times and you miss opportunities...it's something I must work on everyday...then again there are times when its best to sit on your hands -

What sectors were you watching?

And yes, there will always be a bad element to the market - time will tell if the restrictions they are considering will encourage the nefarious to leave our markets for offhsore nascent ones...wouldn't it be great if they went to Indonesia or Nepal?

I know a lot of folks that would be happy to help them pack..lol



...12b

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