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January 22, 2008

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Muddy Farmer

I love the word "panic".
Yes, margin and CFD accounts getting hammered. Stops being hit big tiome.
This is the capitulation sell-off needed to flush out the pipes, so to speak. I can't believe some of the bargains today. Haven't been this spoilt for choices for a long time.
The wild card is the US tonight. Will the Fed cut before market opening? Will it crash, or rally?
Strategy: buy half today, and other half tomorrow.
Don't ever confuse brains for a bull market.
The best time to be a trader. The best.


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