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RVB's Market Musings

What began here as an avenue to interact and learn has far exceeded those goals.

If you are a prospective employer, please consider this site a place where you can see my passion for investing...

Wednesday, September 07, 2005

Checkin' in

I'm going to try to make a better habit of writing something every day, no matter how small. Yesterday's rally was interesting, since it was very, very broad. It could have simply been from the oversold condition combined with the fact that most traders are back - off of vacation.

But, most "leading" stocks were up big. Apple Computer, AAPL was up 2.5 points, Assett Acceptance Corp, AACC, was up 1.68, DR Horton, DHI was up 1.46.

Is this a new rally? I'm not sure. Investor's Business Daily is calling it a rally. I'm not so sure, because I think even if it is that it will be somewhat short lived.

The good news is that by following proper money management, it doesn't matter.


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