How To Get Wiped Out In One Day10/29/08
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Bear markets are famous for violent rallies. The volatility is high and trading volume is really heavy. Huge swing can be expected in either direction.Bear markets see huge downward movement, but are always followed up mind-blowing upward spikes like the one we had today for 889 points. At every down...
Job Losses Keep Piling - Will Prolong Recession10/24/08
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Jobs announcements from the past two days :Privately held Chrysler said on Thursday it is slashing 1,825 jobs after losing $1 billion in the first half of the year.Goldman Sachs [GS] plans to cut 10 percent of its staff, or almost 3,300 jobs after laying off hundreds of support staff and junior banke...
EBS Continues Its Downtrend10/23/08
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Yesterday I posted a blog saying downside potential for EBS is huge. I shorted EBS two days back at 17.99$, once it started reversing. I covered at 16.50$ yesterday taking 8.3% gain in 1 day. Playing it conservative and wanting to book profits, I covered.However I missed another 11% drop today. EBS ...
Charts Make Trading Easy10/23/08
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Yesterday i was short EBS. With a big run-up, it was time for some consolidation. EBS chart tells the story. I covered at 16.50$ taking 1.5$ gain or 8.3% returns in 1 day. Again and again charts have provided excellent insight on the movement of the stock.Few factors that caused the drop- overbough...
Excellent Analysis From TheBestNewsletters.com10/22/08
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Its been a while since I read something about the stock market that made sense. Enjoy the post.As longtime readers know, we don't put much stock in making market predictions. We've borrowed Marty Zweig's famous quote many times in the past and think it is once again appropriate today. Marty said "Tho...
More willing to take occasional risks while protecting assets from the risk of major losses. Portfolio is comprised mostly of solid companies with a history of consistently creating returns for investors, but includes some riskier holdings such as smallcaps, or foreign companies that will posses larger returns.
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