bricap (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} bricap) wrote, |
And it continues
I think the SPUs (that's S&P 500 to all you laypeople out there) dropped 30 points over two days. I bought a lot of stocks (eight or so) over that time. Friday's close was right at support. Usually this means that a good week should be in store after that. There's always the possibility that the support could be broken. That would suck. There should be a bounce before that happens, I would hope. I think I survived the last two days okay. Had I not liquidated what I did the previous week, it would have been a lot worse last week. These shakeouts happen from time to time, of course. We shall see what the next week brings.
I think the SPUs (that's S&P 500 to all you laypeople out there) dropped 30 points over two days. I bought a lot of stocks (eight or so) over that time. Friday's close was right at support. Usually this means that a good week should be in store after that. There's always the possibility that the support could be broken. That would suck. There should be a bounce before that happens, I would hope. I think I survived the last two days okay. Had I not liquidated what I did the previous week, it would have been a lot worse last week. These shakeouts happen from time to time, of course. We shall see what the next week brings.
