Posted by: tyrannyoflogic October 4, 2011
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I think financials are a buy if it tests bottoms again.... Maybe tomorrow
A relief rally today was because of the
Bernanke q&a with the joint economic committee....VOLCKER RULE
My strategy ....buy financials at dips....stops at the fresh lows ...SCALPs only... Nothing longterm.... We are officially in bear market...like BAC. 5.10-5.15. Bounce area or MS
This is a traders market all day long ... Not an investors market IMO at least not yet ... Until we test 1020
A relief rally today was because of the
Bernanke q&a with the joint economic committee....VOLCKER RULE
My strategy ....buy financials at dips....stops at the fresh lows ...SCALPs only... Nothing longterm.... We are officially in bear market...like BAC. 5.10-5.15. Bounce area or MS
This is a traders market all day long ... Not an investors market IMO at least not yet ... Until we test 1020