- Howie Town
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- I repeat – the market is difficult
I repeat – the market is difficult
Early yesterday AM, Garmin was trading at $105 up $15 on their earnings. This morning it is trading at $86 – Ouch! (I am long)
Times like this, turn off any news related to the market and listen to me.
DO LESS.
Most good traders don’t make money shorting stocks and being long in a tape like this will just make things miserable.
Notable recently –
Starbucks down 25 percent from highsWhole Foods gown 40 percentEbay down 70 percentGoogle – technically below it’s 200 day moving averageTransportaion stocks – trend breakHousing – ugh!
THINGS WILL GET EASIER. I will let you know.
In the meantime, read stuff like The Blogging Times and get excited about stuff around the net. Read Chartreuse for some motivation, and a smile and explore YouTube. Here is some funny stuff called the cubicle wars:
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