Quote from shortie:
who is buying today? smart or dumb?
if the market goes up 20% this year as everybody says then it makes sense to buy (but with SPY +1.5% and Qs +2% in just one day it already seems risky)
Quote from shortie:
strange to see a possible red day today. the little robots are hard at working pushing the market up into the close.
SPY -0.2% right now. will the redness hold?
i see several Dow stocks doing great with 1.5% gains or more: DIS, AA, HPQ, INTC, VZ.
somebody is buying big caps but small caps got whacked today (of course they were up yesterday). this is confusing but the more confusion the better. maybe we will see some REAL volatility soon.
Quote from Nine_Ender:
Buy large caps with strong earnings history and fairly flat stock performance in 2010. Some sample candidates : RIM, INTC, TD, CM. May be last chance to get in fairly cheap before the next earnings reports on these stocks.
Resource stocks, in particular metals, are now trading vehicles. That is where your volatility will come from. I like a few still like SU and TCM, but in general I'm expecting a lot of these stocks to get cheaper some time.