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    Stocks are bought on expectations, not facts.

Waiting Game

The market was up the whole day but somehow, I just didn't feel it. Definitely, the market had no momentum today. From 9:30 to 11:30, the buyers seemed to be waiting for something. Like they didn't want to buy up and be aggressive until somebody does it first.

I think the most spectacular thing I saw was MER with 220 wildly buying it up. On the sell side, I think it has got to be URC. It fell four flucts during the last twenty minutes of trading. 

2 comments:

Anonymous said...

Today May 27 the market slapped me in the face. You faithless paniki, it said.

( We'll see..we'll see, I mused stoically )

Melvin

Christina Hunt said...

I can totally relate Melvin. :|

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