Showing posts with label market timing. Show all posts
Showing posts with label market timing. Show all posts

Tuesday, June 30, 2009

"Remember, the second mouse gets the cheese."

from CNBC:
One commodity indicator worries /Art/ Cashin:

"With oil pressing up against key resistance here — if it gets above $74, $75, you could get a short-covering spike. That could really hurt the recovery that's beginning."

He cautioned trigger-happy investors not to jump the gun:

"Remember, the second mouse gets the cheese."