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My Feelings Exactly!

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GarethJ
Regular Contributor
After a nasty week, this nicely sums up the situation: "While traders may not be able to predict the next move, it is not too early to begin preparing for an eventual outcome. Traders should be very cautious about getting too involved with the indexes as they hover just about in the middle between a possible top and possible bottom off the crash reversal...At some point, the markets will be ready to make their next move and the best traders will be prepared for a move in either direction. One way to be prepared is to start making a list of stocks for each scenario...There should be a good trading opportunity in the near future and traders should be prepared regardless of the direction it takes." From: http://stocks.investopedia.com/stock-analysis/cotd/DSW20100512.aspx
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