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Wednesday, May 26, 2010

Choppiness, to say the least

Have to hold my stomach after that ride.

A take away I wanted to highlight: Saw this report toward the end-of-day, and could explain GS' turn around intraday. (GS to not settle) The market wants GS to settle, but they will not if they are labeled with fraud. (I do not blame them.) However, this maybe causing its volatility.

I am not a fan of such rumor driven action, but it does reveal how weak this market still is.

Still not backing away. I am looking to purchase on weakness, not run away.

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