Friday, July 2, 2010

Another Shit Day Off The Shit Jobs Report; Although The Bad Jobs Number Was Expected.....

I'm going to go out on a limb here and predict that next week, we will finally see some positive action. We are quite overdue for some sort of relief.

Don't get too hung up on trying to catch these counter-trend moves. In this sort of market environment, it is far more important to focus on capital preservation than on Wall Street's obsession with constantly trying to predict market turns. This past week has provided a particularly good illustration of how much money you can lose when you keep trying to catch a market turn.

AAPL's ultra cheap right here; I'm all in.

long AAPL

No comments: