Vacation is great but, still seeing too many calling for a crash
Filed Under Market Commentary |
Vacation is going great, Central Oregon is a great place to vacation. I am nestled in Sunriver, OR on the Deschutes River. The view is spectacular, views of Mt. Bachelor and the Three Sisters peaks are just brilliant. Its a shame I couldn’t trade from here full time.
Subprime worries continue, I wouldn’t put much value in this worry anymore. It is far too overdramatized and as I’ve said earlier that problems like this that are seen are never an issue. I would be overly cautious here though as we approach the 50dma on the NASDAQ. Look for AMZN and AAPL to continue to boost the NASDAQ. Please keep your new buys small if you must trade, keep trimming your laggards.
I will be back full time come next Monday.
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Glad you’re enjoying your self. We’re all looking forward to your return home though!