Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Monster Worldwide
So what: Trading volume ended above the stock's three-month average but not so much as to suggest an influx of deep-pocketed institutional sellers. Instead, it seems investors fear the unintended consequences of legislative efforts to put Americans back to work.
Now what: But that's also a guess based on today's headlines. It's just as likely that technical traders and computer modelers -- seeing Monster in a "bearish trend" -- are selling or shorting to take advantage of the downturn. I'd rather bet to the long side with a little options-induced leverage. Do you agree? Would you buy at current levels? Please weigh in using the comments box below.
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