October 30, 2008 –
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RELATED TICKERS: MSFT
, KO
, XL
I think the market will continue to hover around the levels. The time of the day trader has come to a halt. Even those who know what they are doing are getting hammered. It was a great ride down for me as i shorted every finacial possible in my portfolio but got hammered trying to pick a bottom. Now is the time of the invester. Accumulate good healthy stocks and hold and ride the next 6 quarters out, maybe 2 more or less, then Obama willing lol, let the day trading resume........