Thursday, May 25, 2006

Is Today A Good Day to Buy?

I bet many of you will ask the question, "is today a good day to buy into stocks?" From the technical point of view, I believe that it is still not a good day to enter any buy order yet. Why? Here are my rational behind it is not the right time to get in yet: today's volume is low than yesterday's volume as well as the down days from the past down sessions; many leading stocks are still down today or having small gains only, the only exception is (HANS). (HANS) is a very violatile stock, I believe once the market turn back to negative, this one is a candidate for short.
Well, just hold your horses, and wait for a good entry point.

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