Thinking .. Ahead and Through …

Minds At Work.

Perfect day to go 30~40% cash

Stock Markets:

I think short term top is close/here/today.

Or may be another day when Dow hits 7800, S&P 820 and NASDAQ 1540, and it’s going to be over. These are short term resistance levels. This euphoric cycle may go on this week or some more.. but decent exit levels on stocks hitting 20~30+% runs per day, may just vanish as we reach close to the chart tops.


CSCO:

Also, a great day to sell CSCO ESPP, esp. for those you want to sell some ESPP (only if urgently they need some cash), then today is the day. Else within 1~2 years better prices shall be seen. CSCO has shown decent strength recently so another capitulation under 14 isn’t expectedly shortly.

Accumulate and enjoy the cash for better opportunities, later after this summer.

March 24, 2009 Posted by mindsatwork | Markets and Investing | | No Comments Yet