August 7, 2007
Market Comments Submitted by Nick at Ambitions as a Stock Trader
By admin
Submitted by My Ambitions as a Trader and Investor
Nice Up Day…
Today was a strong up day. Unfortunatly for me, most of my new trade picks faltered pretty badly. The bounce that I was expecting in VCO and CU never happened. Even my micro-cap plays seemed to not want to participate in todays rally. What’s going on? Could this day simply be an over-inflated bounce? Judging by the large amount of stocks that haven’t reacted well despite the 280+ point rush, I would be slightly cautious. We were in oversold mode and in desperate need of a bounnce. Lets see how things work out for the rest of week…
My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer
Visit 1800blogger to see all of our industry leading blogs
Topics: market comments, small cap stocks |
Comments
« Market Scan for Small Cap Stocks on August 6, 2007 | Home | Stock Promotions (8-7-2007) »
