Market Comments Submitted by The Ambitious Trader
Submitted by The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor
Tug of War
You can compare it to a tug of war match or a yo-yo. Regardless of its comparison, it is becoming increasingly difficult to know what side one should sit on. While the obvious side says the market is heading lower, another approach would be to sit on the side and wait for a clearer trend to develop. I feel as if I still have a bullish bias. Maybe I am wrong. But for now, I am sticking to it. I am mostly in cash at this point and just grabbing small positions here and there.
Stocks showing strength: HDSN, LBY, PEIX, QELP, SMTX, SPU
Long term buy: WWVY
Bouncing: GFRE, ONP (?)
The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer
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