With all the bad news yesterday with Wachovia's and other profit losses as well as higher
initial jobless claims rising to 478,000 last week, I wonder how volatile the markets will be? I just bought SanDisk (SNDK) at 9.60 because it fell over 30% in one day on news that Samsung dropped its bid to acquire it. When there's negative news, the stock markets usually overreact, taking time to correct itself.
No comments:
Post a Comment