Quote:
Originally posted by Cloudy_Hair
market turn around? apple break out? waht do you guys think
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US is not out of the wood yet.
US market will test new low before starting to recover in the summer. It's way too early to tell that the worst is over.
Apple is good stock to buy at this level. Their support level is around $119.
I am betting gold will rebound next week. I just got "GG" today after gold stocks got beaten up this week. I don't see why gold is not going to trade any higher especially when interest rate cut another 1% in the past 3 days.
I got really good profit on GS and LEH over the past 2 days. So, I am throwing my profits on GG.
In this market, just do the opposite on what most traders think.
I am taking a wild guess to sell LEH, GS, BCS after today. Today's action sounds like we have bottomed which I don't believed so soon yet~