Online Stock Trading | Boy is this tempting…

Boy is this tempting…


Filed Under Market Commentary |

AS of 12:01pm EST

I know it is very tempting to add to and buy new positions. “Stocks are so
cheap” or “The market is too oversold.” RESIST this! I felt some of this
myself but I continue to believe that this isn’t the time to be buying
anything…any buys, even adding to positions. Far too risky at the moment.

Market stats look just ok…New Lows outpacing New Highs which is telling in
this market. Up volume is much better than Down volume but until we can settle
down and decide which way we are going to head I am not putting too much “stock”
into this…(pun intended).

Beware of falling knives!

MktSpec

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