Who knows what to do

By TheWild1 at 12 March, 2008, 12:46 am, Categories : Financial Markets

I am not going to act like I can tell you definitively what today will bring. For all I know, yesterday was the biggest jump in 5 years and today will be the biggest drop in 5 years.

In just the few years I have been playing the market, I have seen way too many of these types of jumps. Be weary on buying anything straight off this rally. Many people will feel that the worst is behind, when in fact it may just be the calming before the storm. If you missed some great jumps on the stocks that saw great returns yesterday, then you might want to hold off and see if you can get that same stock on any weakness.

Whatever you do just don’t get slaughtered. Do not feel frustrated if you missed some big money, and don’t try to make some great trades to catch up on those missed profits.

As you can see, we still got some ways to go.

INDU 031208