Monday, May 24, 2010

Interesting comments on "flash" event and current market conditions

Here's a brief video from CNBC where they're interviewing Art Cashin, from UBS, and regarding his take on the "flash" event and the current market conditions. Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.
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Thursday, May 13, 2010

The 1000 point drop in the Dow

So, unfortunately I was stopped out of my positions in Expedia and Mattel when the Dow mysteriously dropped 9% and then jumped back up in the span of 20 minutes last Thursday.  Here's the USA Today's take on that event - http://www.usatoday.com/money/markets/2010-05-10-mart10_ST_N.htm .

I'm not going to let this keep me from trading though.  I'll wait for another confirmed uptrend and get back in the game.  Have a good one and good luck.
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.
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