Monday, June 14, 2004
Fickle market
Just as i made a declaration that the market is going to rally over the next 3 months, the market drops 1.6% in a day. Oh well! Such is life
But i still think this is an opportunity to buy. The interest rates will remain low by any historical standard (even a fed funds rate of 2% is low if you look back) and political situation globally will smooth out and resolve over the next few months.
Anyways, i made a few purchases today. Specifically, I bought NTAP, CSCO, and SEAC.
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