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We are in a strong market. The indexes don't seem to be
reflecting this underlying strength. This morning the market gapped down at the open because of a potential
government shutdown. Almost immediately, leading stocks (all gapped down), began climbing back. Within an hour, some turned green and most were down less than 1% and on their way to
This type of action helps us reaffirm which stocks are the most
sought after and thus the very best. Accordingly, we can use an opportunity
like this morning to deploy more capital by adding to favorite positions (not
messing up our average cost on each) or Force Feed into those same positions.
See the prior blog post for an explanation of the "Force Feed"
Follow Scott O'Neil at Twitter.com/WScottOneil
Thank you , Scott !!! You always are here, when we need your advice or opinion. Thank you again. I was thinking to buy something this morning, but was not brave enough...
I appreciate your insight, Scott. Your experience is invaluable to the MS subscribers - - especially in times where the "noise" from the news/current events can cloud our individual psyche and judgment within the market.
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