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Microsoft Corporation Message Board

  • hawcreek12 hawcreek12 Mar 22, 2013 1:20 PM Flag

    Another note to peepeekook regarding the market. Real markets don't dither

     

    For a day or two yes, like waiting for news but not for months and years on end and they don't hang at highs on low volume.

    50 points higher than where we are now has been rejected many times, what would logically be the rush to own here? Europe has issues, may be resolved Sunday night or blow up Sunday night, the risk reward is not favorable for a new position, yet a 10 point DOW pull back is supposedly an instant buying opportunity. The action, not just the price, is as unnatural as it can get. Stocks have been more over-valued under Clinton but the enthusiasm and volume showed the optimism real and not painted.

    This topic is deleted.
 
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