Remember your emotions (and Gridiron picks of the week)
Can you think of anything that would make the markets and/or Apple’s stock go up again? The gloom and doom is palpable.
Do you remember how you felt like nothing would ever make the markets and/or Apple’s stock go down again back at the highs a couple months ago? Try to remember that and flip it.
Certainly the markets and AAPL could crash further from here or just stay down here for many weeks and/or months, stuck in a range. S0 don’t go crazily aggressive just yet. But the time to sell was when you felt like stocks would never go down again. The time to buy is probably when you never think stocks can go up again. The hardest trade to make is usually the right one, and it sure is hard to buy here. Remember how hard it has been to buy the other times we’ve stepped in and bought on the panic?
The weakhanded longs, it seems, have to be washed completely out before we can bounce. Can’t rush it, but don’t freak out about it.
In the meantime, here’s some distraction from the markets.
Here are my picks for this weekend, as I wanted to get them out before the Thursday night game.
NFL Point Spreads For Week 10 – Week Ten NFL Football Point Spread – NFL Spreads 11/8 – 11/12, 2012
Date & Time | Favorite | Spread | Underdog |
Indie (8) | Indianapolis | -3.5 | At Jacksonville |
NE (8) | At New England | -11 | Buffalo |
Giants (8) | NY Giants | -4 | At Cincinnati |
SD (6) | At Tampa Bay | -3 | San Diego |
Denver (8) | Denver | -3.5 | At Carolina |
Miami (7) | At Miami | -6 | Tennessee |
Oakland (8) | At Baltimore | -7.5 | Oakland |
Atlanta (8) | Atlanta | -2.5 | At New Orleans |
Minnesota (7) | Detroit | -2.5 | At Minnesota |
Jets (7) | At Seattle | -6 | NY Jets |
Philly (7) | Dallas | -1.5 | At Philadelphia |
SF (7) | At San Francisco | -11.5 | St. Louis |
Houston (8) | At Chicago | -1 | Houston |
Monday Night Football Point Spread
Pitt (6) | At Pittsburgh | -12.5 | Kansas City |
Byes: Arizona, Cleveland, Green Bay, Washington
College Picks of the Week (My pick is the one of the left):
West Virginia +9.5 at OSU
Oregon – 28 at UC Berkeley
K-State – 7 at TCU
LSU -14.5 at home vs. Miss State