1/7/2011 James Turk:
If you are looking to accumulate under your ongoing program, don’t hesitate, buy right here. A couple of months from now you are going to look back on this price and be happy that you bought at these levels.
If you are looking to trade here, this is probably also a buying opportunity. But be mindful of Friday afternoons when the markets are notoriously illiquid which therefore enables the shorts to paint the tape. On these occasions in the past, buying the Friday close has been a good way to play these markets.