Sunday, March 18, 2007

Market Still Correcting

It looks to me there’s more room to the downside for the market. If you take a look at the weekly chart of the NASDAQ, we’re still in the early stages of the correction. I may nibble a bit here and there for some bargains, but I would not be aggressively buying in this market. There are some stocks holding up fairly well such as J. Crew (Ticker: JCG) and Apple (Ticker: AAPL). I currently have positions in both of these stocks. There’s really not many out there right now. So just be patient…


At March 18, 2007, Blogger said...

QQQQ at 50 day,(41.x) looks like a good catalyst signal for BIO-tech
I mean I hope BIO can at least get a 3% Q's 50 day..
There sure isn't too much BIO downside left any more...

At April 24, 2007, Blogger green stocks said...

Hi, if you get a chance could you please update your url for selfinvestors - my blog has moved to

thanks turtle!


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