Tuesday, July 21, 2009

Market

I believe a 4% correction in the s@p is next to imminent. On the other hand, I would not be surprised to see a 100 on the spy. The momentum traders are playing not but I chase value and belive there is little. I am preparing for a drop but may be way off, so be careful, its a contrainan view.

I might add to AMD here but will wait closer to 4 PM

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