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Today is the turnaround for the stock Market

Monday, March 17, 2008 | Lloyd Shaw Is this Spam?

Rating:

I firmly think today March 17th is the day the stock market turned.

Especially after Bernake's speech at the White House saying that the Treasury and the Feds are going to help banks.

I have been waiting for a long time to stop day trading and get back to long term investing.

I invested today in a bulk shipper and had to sell very shortly at a loss. I bought back in 20 minutes later and watched the stock get over $2 up in less than 1/2 hour. It is now near the end of the day in trading and with 15 minutes left in the day the Dow is +91.

Thanks,

Lloyd Shaw

Good investing to all!



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