Mainely Stocks

[ari5000]

today around 9:00 AM in the markets...

I knew we were going down big time.

How did I know?


I have all those momo names on a watch list: DECK, NFLX, AAPL, AMZN, VECO, SNDK... etc.


well... they were all red. AAPL was green for a bit... but that was it. But they all went red and I knew the market was going to trend down all day cuz the momo funds were not buyers today.

I did buy a few really cheap value names like CCME (again), UTA, BOLT. Nothing is going up. It's dangerous again.

yes... there will probably be a bounce soon. My thinking is: market gaps down tomorrow and really scares everyone -- but that is really a buy signal. But the rally won't go far.

Too many problems. Market needs time to heal and Bernanke ran out of magic bullets.

Market needs GOOD NEWS and there's none to be found.