Financial media and the pundits can't help you. This market requires personal understanding of the current dynamic and its affect on your personal net worth. Everyone has a unique template that contain time horizon, capital, risk tolerance, data acess and other factors that is as specific as DNA.
Having said that, I still recommend staying in cash or T-Bills for the next several days or so while the market resolves itself. Indicators are in sell mode with support of volume, but I would still pause to await a chart pattern and setup. Stay tuned, its going to be fun.
Forget CNBC, Cramer & The Rest Of Them....
Tuesday, 06. June 2006
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