The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Thursday, February 28, 2008

Sitting Tight...Again...

Looks like its time again to sit patiently and watch. This means no new buys for now. I will keep an eye out for any worthwhile short sale opportunities. I'll keep you guys posted on any new developments...

4 Comments:

At 2:12 PM , Blogger Chad said...

Feel the same way here. I was stopped out of NCOC real quick on another blah volume day. It's like watching grass grow.

I'm going to let things shake out and see what's stirring next week.

-Chad.

 
At 2:13 PM , Blogger Nick M. said...

Lol, Of course NCOC is up on the worst day in two weeks...I can't help but laugh at that...

 
At 6:29 PM , Blogger Chad said...

Yeah, I saw that. They still closed lower than two days before though. Plus, any clinging bulls that were there got shut down at 5.35 or so.

I've been reading The Panic of 1907, by Sean D. Carr. Crazy the resemblances of then and now just over a hundred years later! ...credit crunches, market runs, bank failures. Amazing!

Enjoy the weekend,
Chad.

 
At 11:17 AM , Blogger Nick M. said...

Oh yeah,

history always repeats itself. The only things that change are the names of people and institutions involved. That is why history is a great teacher and learning tool for getting through these rough patches. Chad, have a good one.

 

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