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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : What a day - market is a safer buy on 2 to 3% pull back

Date June 15, 2010  Edited: June 15, 2010    Comments Comments (3)    Rate this post Recommend This Post (62)   
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What a day - it was just time to buy and it takes lot of will to buy when there is red all around you.
Market is a buy on 2% pull back. One can use free money to try out your ideas.
Hard money I will wait or pick stocks which did not explode today - like BWLD - sold yesterday at 39.52 bought at 38.27 today in personal account. The volume was missing from BWLD during first 3.5 hours - means buyers were chasing other stock and no active selling. What happens in next few days is any one's guess.

You may like to see my blog of June 8 on Doom or gllom or time to buy

http://www.peopleandpicks.com/blog/rjm77me/3343555/Doom-or-gloome-or-time-to-buy/


These are my personal views. Please do your home work before placing any trade
Tags : BWLD  

3 Comment(s):

Author rjm77me     Date June 15, 2010 17:55 Abuse this post Report Abuse
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http://www.peopleandpicks.com/blog/rjm77me/3343555/Doom-or-gloome-or-time-to-buy/
Author rjm77me     Date June 16, 2010 13:55 Abuse this post Report Abuse
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BWLD is like a random walk stock - the intraday prices have no co-relationship with stock fundamentals
Author rjm77me     Date June 17, 2010 11:10 Abuse this post Report Abuse
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Todays pull back can bring in some buying opportunities in next two days
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