Good for you Nil, I wish I had some powder to work with. I can see us rising nicely when our earnings come out again. What concerns me more is all the talk about this 2013-2014 market mimicking 1929-1930 again. With the Dow going past 16,500 and bumping it numerous times this Jan, begs to start a big drop more than the 15,400 that it hit on Feb 3rd. All big markets up again today, so we are headed for a drop that may end up being bigger than the 2008 crash of 777 points in one day or 7% of the markets and I'm praying that will not be the case but the market is so over bought right now and is due for a big sell off. The drop in Jan was supposedly reported to be caused by the Chinese and that amounted to $3T worth of stock market.
If in fact that does happen later this week or first of next week, when everybody will be running scared from the market. 2008 will look like a walk in the park, and I'm guessing the Fed has run out of options to do anything to stop it this time around. Too many people are tapped out this time around.
I'm hoping and praying that this will in fact work in our favor as witnessed by the lack of shorts in our stock as of late and the increase in the longs. So it's just a matter of time.
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