Duicorp,
your "plenty of great buying opportunties" call would clearly of been better today than when you started this thread as was pointed out....
While today would "appear" to be a far greater opportunity I still stand by my call to sit patiently. NFP's tonight will be a clearer push on direction, I've always expected some pretty sour numbers tonight but after last nights slaughter & as has been seen several times in the past they can pull some bollocks numbers out of thin air when the market is in the midst of a heavy decline to try & bounce it. Although the severity of last night i highly doubt any positive numbers will boost the US enough to recover the weekly charts from here.
Tempting today - but you certainly wont get my "good buying opportunity" call yet aside from intraday swings.
"Personal opinion - sit patiently
Things may look cheap today but they also may look cheaper tommorrow..."
GL
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- plenty of great buying opportunities folks
plenty of great buying opportunities folks, page-61
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