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S&P 500
5,567.31
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1.06%
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US TECH 100
19,842.40
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1.02%
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Dow Jones
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Post# of 96905
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VistaViewer

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VistaViewer

Re: MoneyMan post# 2601

Thursday, 01/21/2010 1:59:07 PM

Thursday, January 21, 2010 1:59:07 PM

Post# of 96905
Market LONG OVERDUE for a correction.

The talking heads on CNBC, and the endless parade of guests, have been predicting a correction for about two months.

I have been preparing for several weeks by trying to build and hold onto some cash. If cheaper prices do come then I will be ready.

I have my list of stocks-to-buy and I will buy a lot more IceWEB if it drops 30%

I certainly don't want the PPS to drop; on the contrary. But in the past I have always got caught in these downdrafts with no cash when PPS get real cheap. Not this time.

Good Luck to All Longs.

VV
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