What's up with the drop today? I don't see anything wrong with the numbers. Anyone have an idea?
Quote from Sethaholic:
What's up with the drop today? I don't see anything wrong with the numbers. Anyone have an idea?
Quote from stock_trad3r:
07-30-07 10:47 AM
Buy the dip
The markets are vastly oversold based on what? Nothing. No big news at all. The selling in the past two weeks has been pure speculation on some lending stuff. No big deal at all. I can't find a singlke headline that indicates that something is wrong or something bad happened.
To give you an idea of how big the selloff was the S&P had its worst week in 5 years. We're talking about the 500 best stocks crashing 6% in the span of just eight trading days after making a historic high. Wow..thats gotta hurt.
INfact, the S&P fell to Pre. Feb 27th levels completely erasing many months of gains.
The Dow and Nasdaq were hit less hard inspite the fact that the Nasdaq has smaller more speculative stocks than the S&P.
I recommend buying the dips on these stocks for an easy profit
MA (earnings will be big- buy b4 earnings on Auc 1st )...
Quote from nazzdack:
Hmmmm.........?..........150, 120, 196! There's diminishing concern about the crisis with mortgage debt spreading to credit card debt. Priceless!