The market seems to be languishing in indecision right now. Still at what seems to be the bottom of a pattern, it will go up one day, and then back down for a few days. I am being very cautious with my 'cash accumulation' strategy. I don't go for much more than a twenty dollar premium on one stock these days. It's not a downward market, but it isn't at a definite bottom and creeping up either. I know this all seems like a 'definite maybe' kind of talk, but that's the way the market is right now. I haven't bought anything, except in Harrison's account, which can't seem to find it's footing. The other accounts are threatening 'buy' signals, but haven't gone to the point of action. Sheldon's is the only one that keeps chugging along with no warning of any buys. That all says that there is no definite direction to the market. It may take something disastrous in the world to send it really downward. Eventually, if that doesn't happen, the market will start creeping up again and continue it's regular scheduled program.
Wednesday, September 27, 2023
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