Friday, February 5, 2010

A Little More On Today's Market Action

Doing a little more thinking on today's market....went out for awhile at about 1:30 - and the dow was down about 140 or so....came back at 4:00 and found out the dow finished up 10 and the naz also rallied fairly hard from its lows....This type of market is disgusting and I am embarrassed by our markets. They can be manipulated with about $100 million margined up. It is why you have to stay focused on the individual stocks you like.....

Why have so many individuals abandoned the stock market? (And that's a mistake, by the way, but I totally understand it....) Because we have, and have had for some time, such a phony market with a failed hedge fund finishing and some buyers at last coming in anticipating positive action on Monday. GS and AAPL are telling you this......

long AAPL

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