Do any of the pros that post here use the general market action to temper decisions about what a stock is doing on any given day ?
Like today is a down day (WHO knows why - MARKET MAKERS - CRAMER - IT'S RAINING - THE FED BURPED) so a lot of the stock action is giving up a little - same chart for the dow as for emc I think...
So shouldn't I be relaxing to the fact the bigger picture has decided today will give up some ground ?
Just curious - I do realize that some stocks seem to move the other way or find their own stride regardless... but...
Thanks in advance...