Wednesday, May 13, 2009

So The Rally Hit A Road Bump...

We've hit a little bit of a wall here in the rally. I hope/don't think it will last but we will see. If we do continue going down it just provides us with an even better buying opportunity. Everyone has been saying we are due for a correction/pull back blah blah... as if it is some rule that we must follow. There are a lot of stocks out there that are great buys, they might go down some more this week, but through out the summer I think they rise. We can't go up in the market every single day so obviously we were going to hit a few down days, which we have seen the past few days, but I just don't think the downturn will be as severe/long as everyone is predicting. We hit a road bump today with retail numbers, but hopefully tomorrow's more important weekly jobless claims number will be on the positive side.

2 comments:

  1. Really good site thank you so much for your time in writing the posts for all of us to learn about. It will be very useful for me.
    share market
    stock market
    Indian Stock Market Tips

    ReplyDelete
  2. This is a great post ! it was very informative. I look forward in reading more of your work.
    Intraday Nifty Future Tips
    Share market tips
    Share and Earn

    ReplyDelete