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StocksandBlogs.com

How to React to this Carnage - Buy Dow Chemical

2:30p EST saw  the Dow Jones Industrial Average drop 200 points on top of the 250 points that it was already down this morning. And it happened in a matter of minutes. I was almost afraid to look at my portfolio, which I was admiring just last night. Unless you are a day trader, you could not have sold fast enough to prevent the carnage that your portfolio saw today.
 
What to do? Stop trading!!. Stop panicking!!. Go for a walk, clear your head and go back to the reasons why you bought the stocks you bought. We are in panic mode and it needs to be turned off. Above all, do not sell here. Its too late for that.
 
On a side note, I am thinking Dow Chemical (DOW) looks attractive here.
 
-- Faisal Laljee
Published Tuesday, February 27, 2007 4:50 PM by Faisal Laljee
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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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StocksandBlogs.com
StocksandBlogs.com provides stock tips, equity research and markets commentary. This site will give you investment ideas that you can apply to your financial portfolio. By sharing my money making stock tips and research, I hope I can help you manage your wealth better - whether you are a long-term investor or looking for a quick trade, a bull or a bear. From Wall Street to Walmart, Commodities to Foreign Exchange, you will find it all here. My name is Faisal Laljee and you can email me anytime at flaljee@mail.stocksandblogs.com

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