Today is going to set up to be a beautiful buying opportunity with continued weakness to the close down to around 1080. I still believe we'll get back to 1111 and probably to 1130 after that in the next few weeks. I will be setting up for that next rally.
9 comments:
I would agree. This view is inline with my post about the markets going up the first week of a new month.
Hahaha, mkt is trying to abuse me dude. Hahahaha
Long more MIPI @ 1.26
OD
it could be a good time to go long, but the BIG unknown is still Greece. until the things are solved there i think it takes a lot of risk to be long (despite i am long too, my portfolio is right now around 60% long - 40% short)
Yes, I agree that Europe and Greece will eventually get hit hard, I just don't think it will happen right away. Maybe in a few weeks after the markets go higher. I am less worried about Greece than I am about more bulls on the long side than a couple weeks ago.
This is probably the bravest long move ever if you do it.
More power to you. I am staying short.
I agree with nicasurfer.
I agree with OWL buy any dips. You'll be happy next week.
Yep, this is an awesome buying opportunity.
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