Quote:
Originally Posted by RCZ
^ Yeah I quit Morgan Stanley 3 months ago, its not rocket science.
You got anything interesting to contribute?
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I can't really talk about much on the stock side... you know the drill. The stuff you guys have already mentioned I'm personally not covering anyways.
Broader market stuff... sure. I think overall we're at an interesting point right now having just crossed the 400 day moving average, which is always interesting after a hefty decline. I'd say that even though volume is light things can still get freaky in a hurry. Very short term I'm somewhat neutral... I half-expect a bit of a consolidation/correction on into December but know it could just as easily go the other way. We'll see what earnings bring... I have all sorts of theories on what can happen or what's likely to happen, but as the last six months or so have taught everyone... you can have your ideas and assumptions but at the end of the day you just have to follow the tape.
Long-term I am very bullish... and I think everyone will agree that long-term is really what matters. These are awesome times to be buying the market.
Wish I had more time to handle personal investments... I'd have made **** tons... but I have no prob with where I'm at for the year.
I wish all of you guys luck and hope you stay on the good side of the trade.