Tuesday, November 13, 2007

Premarket Mess

Yesterday, I asked the question why do we invest in this market? Well, today we have the answer! Today was a great day for the bulls and it was evident right from the start.

Friday, I thought the same thing, and when stocks started ripping higher before the bell, I wanted in. I was so excited I ended up buying in premarket, I thought I could pick a bottom-- that was a mistake. Today, I practiced patience and waited to get a feel for the market, after the open. I have to tell you, it felt a lot better, and may never trade in premarket again.

Note: You don't have to pick a bottom to make money!

3 comments:

William G. Cash said...

Yeah, you don't have to pick a bottom to make money, you just have to pick a stock that goes in the direction you wanted it to - sounds easy, enough. Lol.

Ragin' Cajun said...

Actually, it is easy.

jpm said...

RC, your are so right...Keep up the great work...