Buying for Bounces...Tough Game!

I have been lucky a few times with SPY. I did not buy a share of anything today. Too many of my good stocks are trading down levels.

The bounces have been sold off way too fast.

It’s sort of like waiting for a bus, in a really bad ghetto—always a bad idea.

As I wrote this weekend. The great growth stocks are just up too much for how the general market behaves. Since I don’t dip my toes in crap (just Starbucks), I don’t have much too choose from, so I do less. I advise the same for you.

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