The Market…Pathetic
- Posted by Howard
- on August 15th, 2007
Do not be a hero.
This is a market that will bleed you now.
I have gotten stopped out of ASX today and that was a big winner a month ago.
Juniper was a big winner…poof on those profits. Gold stocks a mess.
The Semiconductors are done once again. My line in the sand a few weeks ago on SMH was $38. It’s well below now.
I see nothing to make me want to spend money in the market. Doing less. Go read Dealbreaker . They are just having a field day rippping on Wall Street and Hedge Funds. Great stuff and easy pickings for them.
I am building a list of the strongest stocks and industries because we will turn as always.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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