general market thoughts.12 Aug 2007 18:09
I really hope for some cautious confidence this week!When stocks hit the press and everybodies talking thats it,yesterdays news,the peak has been reached.I hope this is the same in reverse,the damage has been done ,it is all over the papers, and tthe lows have been reached.I would assume a few that only read Sunday papers may sell in the morning but imagine the crowwd of vultures for cheap stock will be waiting to pounce!I certainly would not panic sell I would rather ride it out.You can bet your life that as the brave start buying there will be a stampede for cheap stocks.If I would be forced to close a t trade or margin call at least I would roll and be in again at these silly prices. ONLY MY OPINION!