Zeev's Turnips Patch-No Politics (ZEEV)

[cash2go]

Ford, GM, AIG and seasonal outflows -vs- bounce

The average guy is being burned one time to often in stocks. Everyone (not thread members) is talking real estate. With the recent blow ups Funds may not be able to buy the bargains left over from recent downturn. Traders are looking to get even and lower exposure. At best I expect we will see a short lived bounce of 2 days to 2 weeks.

Oh, and any sustained bounce will likely be followed by a comeback in the price of oil. All in all the upside looks limited. Playing with my trading money but the 401 and long term money will stay in cash.