I believe the investing public has become so attuned to Government intervention, false promise, reassurance, and illegal Fed practises that if it were not to happen, the market would go very much lower, clean out and normalize. Unfortunately that will not happen, so we are at the mercy, as of late, at the feet of the Obama administration. We all hold our breath and wait.
Of course this doesn't relate to those nimble capital rich day traders who can spin on a dime and follow market direction.
Typically I try not to let everyday news influence my decisions so much as I am a William O'Niel / IBD student, but this market seems to be based on news.
I have WMT short and JASO long going into tomorrow.
I have my finger on the trigger here;
TEVA
I'll also, of course, be closely watching those index etf's
Although I don't think we'll go up for a time yet, I still am looking for and watching the new leaders.
My predictions are something and everything to do with water, although that may be a ways out, health, medical and infrastructure. This is by no means all, but a short list I'm watching for the future
Lisels' Father is from Switzerland. She's been lots of times, I plan to go one day.
