We saw a week of volatility as the FED talked before Congress and a week of economic data that futher confirmed that housing and credit troubles are still a issue. Google GOOG tanked earlier in the week due to low click rates but was not there for long. The market suffered major losses on Friday which has many wondering if this market will head back to the 12,000 level or hover in this area for a certain amount of time. Oil broke through the $100 level and certain stocks such as Devon Energy DVN. It is during this time that your stops have to be close. Continue to check www.freeoptionspick.com for more information.
Sunday, March 2, 2008
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2 comments:
DOW IS GOING DOWN TO 10,000 NOT 12,000 BY MARCH 12
here is the link to back up my statement.. put dia 105
http://www.wealthdaily.com/articles/dow-top-head+shoulders/1194
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