Mainely Stocks

[ari5000]

I'll check my experts but...

I have a feeling a few of them are going to see bullish signs after today. I have a memory of when I first started trading -- back in 2006 -- the market was sunk into the pits. It was around July. Everyone knew the market was going lower. Then there was a big dip and the next day, the market rocketed 250 points or so -- just like today and nobody saw it coming. After a bit of chop, the market rallied for several months and everyone was dubious and skeptical... the whole way up.

Today felt just like that. Everyone will be skeptical at first. But today was an enormous blast of bullish firepower. We shall see what happens next.

The fact is though, being in cash was definitely the right decision. Stocks like CSIQ and XIDE which I bought today are much lower than I would have ever imagined. XIDE was up 9.5% today alone -- and it's still way under 5/share -- and I think it's fair value is around $7.50.

It's very easy for small caps to rally from these depressed levels if today's move holds.


Today may mark a very big shift in sentiment. We shall see.