Mar 1 2007

Market Volatility: Stay out tomorrow (Friday)

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I would highly recommend staying out of the market until Monday.  Tomorrow may see some crazy swings.  As an active trader I recommend staying out until Monday.  Monday make some opportunistic buys.

Look at picking up some HP & GS on Monday, but only 20% of your target shares.   ie if you want to own 100 shares, then only buy 20 shares.  You’ll get more opportunities.  By the end of March/April you should have some good stocks ready to go for the rest of the year once this bump in the road passes.

Stocks to watch:

(GS) Goldman Sachs

(HPQ) Hewlett Packard

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