I called for a buy mid day on May 17. If you happened to catch my call on that day the NASDAQ closed at 2814. Assuming you work for a living as most of us do you may not have gotten in until Friday May 18 when the NASDAQ closed at 2779. I am not going to say the market bottomed last Friday. What I am saying is if you followed my advice you would be far ahead of the market than the buy and hold mentality.
I am still a buyer on weakness at these levels (the NASDAQ closed at 2839 today).
Tuesday, May 22, 2012
Thursday, May 17, 2012
Time to Buy!!!!
If you followed my advice last time you would have gotten out of the market on Feb 3 when the NASDAQ closed at 2905. At this point the NASDAQ is trading at 2861. This is not a significant gain this time but you were not taking the risk of the market and there is always some interst gained from money in a money market fund.
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