September 26, 2007
Market Comments Submitted by Nick at Ambitions as a Stock Trader
By admin
Submitted by My Ambitions as a Trader and Investor
After Market Check Up: DJIA creates a Pivot Point
Okay, so I didn’t get to sell CPSL at 11 and I didn’t get a chance to pick up more BKR at its LOD. But still, it’s all good. The impressive 3 day run in APPY has already made up for both of those small mishaps. In addition, the DJIA and NASDAQ have managed to improve their chart setups and have even created pivot points. These pivot points are a bullish indication which show that the financial markets are more resilient to the current credit worries and housing slump. This current patch of market strength should make the rest of the week more interesting.
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Topics: APPY, BKR, CPSL, DJIA, LOD, small cap stocks |
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