LunaticTrader

Investing with the Moon

Outlook May 24

Posted by Danny on May 24, 2010

Stocks went down all week long.

Red period continues this week, so we are likely to see even lower prices before we get a meaningful bounce (in early June according to the lunar cycles).
Stay out of stocks.
If we get another drop this week, then look for a short term bottom towards the end of the week.
That could serve to pick up some cheap bargains.
But I would continue to stay very careful in this market.

Good luck, Danny

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