The markets went up nicely today but not in a very convincing way. Even though many stocks moved up, I don't think is was a sign of accumulation. Until we get into oversold areas I would wait before making any new stock purchases. Tomorrow will tell since it's end of the week and some traders don't like holding over the weekend. When things get better I will have more stocks ready to move.
Thursday, February 7, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment