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choad

05/08/09 6:38 PM

#36939 RE: Namiar #36938

Everything about this 'economic recovery' seems like smoke/mirrors to me........it's all fabricated with a new govt. program at every turn......hard not to let my feeling get in the way of letting it run. Cap. pres. also at the top of my agenda and would rather get stopped out of longs than let the excellent rebound in ports off the winter lows vanish again....up until now all stopped positions have cost plenty of upside in oppur. costs but I'll have to live with that.......gut tells me there needs to be a healthy pullback before much more upside but if that continues it will still power my portfolios higher.
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kanuti

05/12/09 3:03 PM

#36940 RE: Namiar #36938

Had a oversold buy signal on the NDX most all day but it looks like it will be gone by the close.