Buy around the trend based on the charts
Bought RDC at 17.50/sh
Bought PLD at $13.50/sh
Bought AKAM at $13.38sh
Monday, November 3, 2008
The rally must go on
Posted on 11/03/2008
Looks like the patriotic rally is indeed unraveling.
The odds of a bottom behind us are increasing, although VIX is still looming, in spite of its downtrend. And Oil might go higher this week, which could be good for the stock market. So, it looks like the market is showing the conditions for this rally to hold until the 6th or the 7th
Looks like the patriotic rally is indeed unraveling.
The odds of a bottom behind us are increasing, although VIX is still looming, in spite of its downtrend. And Oil might go higher this week, which could be good for the stock market. So, it looks like the market is showing the conditions for this rally to hold until the 6th or the 7th
Subscribe to:
Posts (Atom)