Thursday, November 16, 2006
As far as I am concerned, today's action was lackluster. I lost money in MVIS, SNDK and VLO, while making a few coins in ADBE, CNVR and RIMM. By the way, RIMM is on its way to $200.
Aside from the mind numbing declines in oil related stocks, I thought the market bored its way higher. After the close, there were a few earnings disappointments, namely from SBUX.
My best guess is for more of the same tomorrow.
NOTE: It appears the momentum players are becoming impatient with MVIS. My approach is longer term and I will buy on all dips, fyi.
btw, does your "trader" do HTML? I am having a problem with my site.
Also, I am long RIMM as well, although some investors that I know think I am crazy for having that sentiment.
Better to be crazy than insane I like to say! :)
Links to this post: