Monday we were down. Tuesday we were up. Wednesday seems to be pointing down. The market futures look like this right now:
| Dow | -131.00 | -1.55% | 8,301.00 | |
| NASDAQ | -21.00 | -1.85% | 1,112.00 | |
| S&P | -14.90 | -1.76% | 834.10 |
I am surprised there isn’t follow through from yesterday considering the last hour surge. The only thing consistent is the volatility.
I know we are not at the market bottom yet, but there are an awful lot of great priced stocks right now. I want to buy most of the stocks I sold off last year because they are priced incredibly low and I feel they will make it through the recession.
I haven’t owned stocks in over a year now. I only play at the updown simulation site. It really isn’t the same thing. I think that site has only made me a better day trader. I still consider long term investing is best done when you dollar cost average into financially sound companies that are run well.
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