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Shaky Market

Posted on Tuesday, July 29th, 2008 | In Current Market News, Market Commentary
Contributed by: Market Speculator (http://market-speculator.com) -

This market continues to show its true colors.  For the past 2 out of 3 sessions stocks have taken a beating, although on lighter trade you never want to see this type of action prior to a follow through day.  There are some opportunities out there to make money but its not worth risky your entire stake with this crap market.  The market is not offering up a chance to become real wealthy here.  Until we get some real fear, capitulation selling at the lows we’ll continue to have a choppy market like this one.  Keep most if not all of your capital away from this market, save it for our next large bull market.

Enjoy

Market Speculator

Last 5 posts by Market Speculator





About Market Speculator (http://market-speculator.com)
Market Speculator began his market career shortly before 9/11/01. The methodology he uses comes from the greatest stock market traders of all time; Livermore, Darvas, O’Neil, Dryfus, etc. Decision making is based on price and volume while stock screening is done by growth in fundamentals. Much like William O’Neil’s CAN SLIM approach to investing Market Speculator focuses on a narrow amount of stocks and lives by cutting his losses early.

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