The market is filled with so much uncertainties which is significantly contributing to investors not being able to correctly predict its direction. This inability increases the risk while the return is still uncertain to calculate and there seem to be no light at the end of the tunnel as there is one report/situation after the next. It started from Housing then catapulted into several other areas and now its heading for consumers last hope - credit cards. I am usually an optimist, still is, but …
Any idea what this trading week will bring after the following record week?
Just another day of Up and Down, the fight continues and hope lives on.
Call me old fashion or say Im too optimistic but instead of saying 'continue the selling', I prefer to say its time to buy those stocks that have beaten up for no reason of their own.
Stocks such as PCLN, JEC, DECK and several others. Try it, it works.
The question is, after todays gains where the Dow rappled up a three digit gain, is it for real? Is the market returning to its bullish features or was it just base on an opportunistic approach to acquire some cheap stocks such as those in the Biotech and the beat up financial sectors? I quess we will have to wait and see, only time will tell. However, Im an optimist, cheering on the bottom.
The ups and downs of the market has caused me to restructure my portfolio to fit the uncertainties. Will rebound eventually. Look out.
Whats wrong with the system? I have made several picks that are yet to process. Is this a temporary problem? I hope it is.
December 4, 2008
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