Take A Seat

The bears have made it four in a row, as it seems that many were caught by surprise by the bad economic data and are looking to lighten up on rallies. While I thought we would see better rally attempts than we have in the past couple of days, I have held on to my wallet. With the economy weak and seasonality weak I want to wait until the market is maximum oversold before making any purchases. Have a good night.

1 comment:

Anonymous said...

Weekend reading....everything I read said we are going much lower very soon.
This leads me to believe we will rally.