Stock Market Volatility! My Take On Today's Stock Trading

    Well today was a wonderful day to all that had their money invested in the stock market.  The Dow Jones closed up 404.71 points or 3.90% coming in at 10,785.14 and the NASDAQ closed up 109.03 points to 2,374.67 up 4.81%.  Lastly, the S&P 500 came in at 1,159.73 up 48.85 points or 4.40% according to http://finance.yahoo.com/ 

    A great deal of the upside came from the EU rescue package of $1 Trillion to help save the Euro and settle investors of the European debt market.  This helps keep money flowing and also put the short sellers up against the wall.  Short sellers are people that bet against the market.  This in turn creates buying from the shorts to cover their position of betting against the market and sends stocks higher.  Don't get me wrong today was a great day to make money and take some profits, but the market is still very volatile and unpredictable in the short term.

In the near term I'm still very cautious about this market as I sold some stock into the strength of the market today.  I believe the market will move back lower in the near future at least in some of the individual stocks that I follow.  This will give me a better opportunity to buy at lower prices  Today was a perfect example of why I enjoy investing.  Investing can be fun and profitable at the same time. If your not having fun you must be doing something wrong!  Everyday is different and you have to take it in stride. 

Thank You,

Clay-

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