Monday, May 15, 2006

Stocks poised for a fall

What a dismal beginning to a week. I walk in Monday morning, grab a coffee and a bagel, sit down at my computer to read the financial news hoping for some kind of breakout day for at least one of my stocks and I find this article ruining the stock trading day before it begins. I'm not really up on this "futures" deal but I think I might hate it. It seems like it could almost be a self-fulfilling prophecy. I came in this morning thinking about buying another position and after reading what the futures predict I am wondering if I should sell everything I own. Do the big boys just do this to cause a sell off and then buy everything up at cheap price?

No comments: