Tuesday, February 1, 2011

Factory activity grows at fastest pace in 7 years

Factory activity grows at fastest pace in 7 years

The stock market was doing really good today. Maybe it has somethings to do with the factory data. That investors are thinking that consumers are buying more, therefore factories are making more. I think in general it is a good thing.

I just hope that this short rally will not be short lived. I am keeping my holdings for a couple more days to see how they go. I might jump out at my stocks at any time when another buying opportunity presents itself.

Although I am quite up, if I sell anything right now. I would still be selling them at a loss instead of at breaking point. So...because I think this week will be kindly for stocks, I will keep them.

4 comments:

  1. Let us know how your stocks do!!

    ReplyDelete
  2. It's doing great ;p my account value is now $11,149. Up from the original 10k from the beginning of the year.

    Remember to participate in my stock prediction competition! The 2/2 one is out.

    ReplyDelete
  3. nice post i followed you ...$o nice
    shadi-mydesigns.blogspot.com

    ReplyDelete
  4. mirin ur profitz brah! hopefully it will continue

    your friend,
    ectomorphmuscle.blogspot.com

    ReplyDelete