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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...
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!
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.
Feel the same way here. I was stopped out of NCOC real quick on another blah volume day. It's like watching grass grow.
ReplyDeleteI'm going to let things shake out and see what's stirring next week.
-Chad.
Lol, Of course NCOC is up on the worst day in two weeks...I can't help but laugh at that...
ReplyDeleteYeah, 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.
ReplyDeleteI'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.
Oh yeah,
ReplyDeletehistory 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.