Wednesday, June 20, 2007

Thoughts for 6/21/2007

The market sold off pretty good today as I'm sure you know. Looking over my lists for tomorrow, I see quite a few POTENTIAL trades but nothing that I feel like warrants being listed here for your consideration. I'll look things over again tomorrow and will probably post some ideas for Friday.

It will be interesting to see where all this goes. Rising 50DMA etc indicates that we're still in a bull market, yes; feels to me like it's possible to get going to the downside and even break the recent lows.

What do I know? Not much! All I can do is watch and see what happens. I'm sure you will do the same!

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