Silicon Investor (SI) -- The First Internet Community

To: Davy Crockett who wrote (55)	5/9/2012 1:22:59 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 88

WOW! It's really hard to decide. Do I go short or do I go long??? I really don't know the answer to that question right now. Many stocks/ETF's are sitting right on support - after a few down days like we had, I'm assuming that the markets will come up for air & put in a short-term rally. Having said that though, markets go down a lot faster then they go up... so this could be in the early stages of a significant decline. Right now I'm sitting on my hands, cause I don't know where we go from here. Just an aside, commodities are rallying hard. In many cases, if I remember correctly they normally lead the market. (unless they are out of favour). edit: decided to buy 400 shares of TYH on the NYSE for the ridiculous price of $53.80. Obviously I will watch what happens... <gulp>