Posted by: eminitrader April 2, 2007
Making Money with Eminitrader
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Well right now I do not feel comfortable about this market. This is stuck in a range. I'd like to see S&P 500 close above 1430. Today it closed at 1424. Hopefully, we will find a direction soon. I'm still neutral. Once the market goes above 1430, I'll post some stocks that look good to me. I have been selling around 1428 and will keep on doing that till it close above 1430. For rest of you that do not and SHOULD NOT short, stay in cash. We'll jump in when the opportunity presents itself. I have been looking at some oil related stocks and some mining stocks that look good. Although these do not go up as fast as tech stocks, they go up. Will probably post some tomorrow. Watching the college basketball final today.
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