With these new issues going up at record pace the old stocks despite making $ aren't going anywhere.Look at this elctronic trading stock ICE. If it were to pause now it still will be a $160 stock.
I forgot to tell you all this : At Berkshire's May 6 annual meeting, Buffett said he would like to cut Berkshire's cash stake, which totaled $42.86 billion as of March 31, to about $10 billion. Here are a few examples: ADIC,HANS,BOX,SHR
I've heard people will like MSFT at $22. I think it may need to spout a one time dividend to rid itself of some cash. There is no substitute for cash, don't leave home without it.
The futures are down big this morning, because of fears of inflation. This means the Fed will contiinue raising rates, and this is a tough environment for stocks. As Groucho once said, "Sell in May, and then go away."
My pick of the day is United Technologies (UTX). A large cap international that you won't get rich on, but won't lose your shirt either. I see it as undervalued. Goes X-div today.
I have nothing to sit on either, Pablo, lost my butt today.
Tomorrow is the key. It'll probably be a down open, but if the market stabilizes, that's good. If there's another down day with heavy volume, fear will take over and it'll be 'look out below'. This has been a very sharp 5-day decline, and it does not look good technically. The first rally from here will probably be a 'sucker rally' and won't hold.
OMG1, check out E-Trade. There's lots of discount brokers out there, and they're all very competitive ($5-10 trades). I'd pick one that has automated phone trading along with computer trading, in case the 'puter goes down at the wrong time.....