You can make your life or you can break it - its very important to choose the right options!! Disclaimer : You should do your own homework and you are responsible for your own decisions. This blog is means for me to share my viewpoint and for my record-keeping. Remember,Market operates on FEAR, HOPE & GREED!! Lessons from 2009- "Buy early when others are still negative, and sell early when other are still positive".
Wednesday, June 17, 2009
Healthcare, XRT, XLY, Education Sectors are getting some love!
Note the XLY, XRT, Healthcare and Education charts today, they reversed on good volume... This is surely an indicator of positive flow of money into these sectors, which came out of Energy & commodities. It will be worth waiting for some clear signs, i.e., continued buying in these sectors that confirms this change before jumping into these names. After all, I am still expecting a washout panic move sometime soon. Seems like we bounce somewhat before going down hard though. Watch and play cautiously!
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