Today is a good day to buy stocks

[Rot 911]

Everyone is going silly over what is going on in Egypt. For example Ford has dropped 12% today.

[tabs]

Ford dropped because it missed earnings...

With Egypt it is a wall of worry that needs to be played out...I suspect that we will get a few more down days..which will be called a correction...which is needed..then the SM will start it climb again.

[KFC911]

You're both right imo...I'm hate'n Mustangs today...where's pwd . Tabs, it would appear that Ford is firing on all eight cyls, but the analysts GUESSED wrong imo. Correction is/was overdue...but will the sun come up tomorrow?

[imcarthur]

Hey, Keith: Gold is up nicely with the news. I am still holding.

Ian

[KFC911]

Originally Posted by imcarthur

Hey, Keith: Gold is up nicely with the news. I am still holding.

Ian

Go ahead, rub it in ! I guess there are now at least five of us who now know that someone on this board can't even "time" the day...much less the market. My running joke with an old buddy is that "I" can indeed time the market...opens at 9:30 and closes at 4 est. Seems as if some of the pros can't even do that

ps: I keed...just pickin' on "you know who". You'll remain anonymous unless you "out" yourself. The forum times have thrown me off more than a few occasions too!

[ken_xman]

We have been calling for a January pullback, thought it would have been sooner, prior to a Feb rally. Let it settle before buying, has more room to go. Also believe we are still in an upward trend, and additional consolidation is a buy. I give you 5, AAPL, EMC, SNCR, F ...- I agree, and VZ. Do with it what you like. KC

[ken_xman]

also... dont short a falling tape, just raise cash. And never ever ....fight the tape.

[scoe911]

Originally Posted by KC911

Go ahead, rub it in ! I guess there are now at least five of us who now know that someone on this board can't even "time" the day...much less the market. My running joke with an old buddy is that "I" can indeed time the market...opens at 9:30 and closes at 4 est. Seems as if some of the pros can't even do that

ps: I keed...just pickin' on "you know who". You'll remain anonymous unless you "out" yourself. The forum times have thrown me off more than a few occasions too!

KC911, I took down my earlier post because I thought it was too "tongue in cheek" not because I thought I was wrong. 3:10 CST means markets are closed/closing in New York at 4:10 EST. As far as gold going up this is because of the "inverse relationship" between the market and gold. When the markets fall some people seek a safe haven for their money and gold is one of several choices.If the chaos continues in the middle east look for gold to be limit up on Monday...