Buying Time Has Arrived Again
Thursday, 03. May 2007
In the last post 4/20 we said "stop buying" because the market was overbought. Since that entry, the S&P 500 has gone on to make new highs confirming a bull market. But then most important, the S&P 500 tested the lows on 5/1 and has established support and is now back on a run. 3/4 of the market moves together so if you pick the direction correctly, your probabilities for success rise greatly. Use you watchlist and go long. Always use stops and practice sound money management.
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