Don't look now but the dollar is firming and the bond yields are rising...at a time when equities look overextended...
The witch of October is not to be denied...
The chart at the top shows an experimental channel, that as you can see, has held in the past...Let's see if it holds here...
Note also that we're just a whisker past a 1.00 exponential node, another red flag...
(Click on the chart to enlarge it.)
1 comment:
I would like to talk about penny stocks for a minute what most investors fail to realize about so called penny stocks is that stocks trading under 1 dollar are really not worth messing with the real bargains are stocks trading between 1 dollar and 5 dollars a share. I recenly sold my shares in vonage holdings corporation for 5 dollars. I bought the shares in 2009 for 37 cents. this was a rare exception to the general rule most of the stocks trading under 1 dollar are not good investments. the way that you find low priced stocks that are worthy investments is to have as much knowledge and experience as possible about these type of securities. Only than will you profit tremendously from these stocks.
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