I’m watching but not acting

I figure that everyone that would read this blog would read a lot more intelligent areas for news, so I didn’t see the need to write stuff like the market is under pressure from the bail out crap. I’m watching BIDU come down from a higher amount. Same with lots of other stocks that I am watching. What are you watching?

Watching the DJI drop like it did (along with other indices) lets me know that even the people that will profit from the bailout are unsure that it’s a good thing. I know it’s bad. But some people don’t.

I’d like to hear someone that can tell me what part of the bailout is good for the common man or woman that goes to work 40+ hours a week in order to have the money to pay their debts and responsiilities.

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Posted By: Michael

News Category: E.O.D.

 

 

One Response to “I’m watching but not acting”

  1. Good to see you back posting and making big money. I left thinking you were finished but apparently you are on a role. This market is great for us traders but being on the wrong side can get ugly fast. Keep up the winning streak.

    mh on 06 Oct 2008 at 6:08 pm
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