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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,234.93
(
0.72%
)
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cleverrox

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Alias Born 12/31/2004

cleverrox

Re: None

Monday, 11/09/2009 9:19:04 PM

Monday, November 09, 2009 9:19:04 PM

Post# of 46
ZAGG ($6.83) Sold 12.5% of position today to reload my cash coffers and to take some profit. I fear a backlash if EPS doesn't exceed $0.05 this Q.

BGZ. The markets rallied today because the G20 said there would be easy money to combat the horrid economic environment. That doesn't wipe away the horrid economic environment. I bought a swing trade position because I feel the market is overvalued based on a jobless recovery and current high P/E ratio.

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