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Monday, February 14, 2011

Today's Data 2011-02-14 -No major data

No major data was scheduled for today, though numerous companies continue to report earnings along with a handful of merger announcements.

President Obama released his budget for the 2012 fiscal year this morning. The president seeks to use the $3.73 trillion to balance significant cuts in federal spending with investments in programs to improve the competitiveness of the United States.



(nothing happens. no major data. market is flat after its 3-4% climbing. )

 My recommandation on this point is
"Hold" and "BUY ON ANY DIP",  if you have more than 50% stock position. 

if  you hold more than 50% cash, buy steps by steps

Where is dip? somewhere maybe in this week.  
Buy under 1230 will be ok as I said on last week. 

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