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 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Thursday, December 15, 2011

348. Quick, React

Hurry buy, buy, buy. Someone sneezed. Yes the market will react to somebody saying something encouraging; but is the news in this article just more wind and no movement? The ECB Chief said some encouraging words. But, even more, this Reuter's article actually tells you something about the issues NOW, the good AND the bad, the future concerns, etc. Thank you Reuters. The AP should heed some lessons from this reporting! A positive slant on the European crisis will result in in short spike to the market. And the volatility continues until someone else says the opposite. I was just kidding re buy, buy, buy. Sit back and buy when it's down, not on news that will only give you a short-term spike when the momentum is overall down.

1 comment:

  1. I'm with you! Holding on for the minor downturn. I also agree with the 12,700 resistance, once the market makes its next climb. Tech is where the growth is. Also some nice dividends among some of the techies. Have my eye out for the bottom, then time to snag some winners for next year. =)

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