A diary of the thought process behind my investment decisions
Market Should Hold Up
The market is quite oversold and sentiment has been pretty negative for the past couple of weeks. Barring a worsening of the crisis in Europe I believe the downside will be contained in the near term. Dips, including this mornings, could probably be bought for quick flips. Monday's lows, around 1150 on the S&P 500 should serve as support.It looks like we are right there in the pre-market.