11-09-2016, 11:57 AM
davej Wrote:Thanks for sharing his thoughts. It seemed the pre-trading may have leveled off a bit from where it was.So yeah, he and I talked and the market has been actually flat and is up right now, defying all of the sentiment from last night. He thinks it could be due to shock and there is a chance they could still fall out, but for right now we're going to sit tight and watch for a buy opportunity. He said he was inundated this morning with emails / texts from clients who have money on the sidelines just waiting to see if one opens up. He mentioned that there was a 3% rally over the last few days that gave a bit of a cushion and that was expected to fall out, but so far it hasn't. Some sectors are down but others are actually up like biotech.
Gold would have been a decent buy in Oct. probably still some room on it in the next week as people spaz and drive it up
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
