Thursday, June 21, 2007

What we will do today

I will be watching the market activity this morning. If it appears that there is some early buying and then the tables turn like they did yesterday around 1pm then I may start selling my open positions to lock in the profits.


I will be very concerned if we have a repeat of yesterday. No sense to leave gains on the table if a strong head wind is coming which may blow it away.


A scared market


I like how the Reuters morning report sums it up best..




"If life on Wall Street were a movie, this morning's show would be "The
Return of the Rising Bond Yield". And like a heroine in a horror film, the
market is running for cover..."


© Blogger Templates | Webtalks