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Gold Stocks Getting Cheaper Again
Posted by Stock Online Trader on September 4, 2008 in Gold
I used the market panic to picks up gold miner Kinross Gold (KGC) again at 13.88$. With KGC entering oversold levels, it might be a good swing trade. Gold is hovering around 800 level and holds a key resistance level. 1 month chart shows KGC has dropped 21%. I might be bit early to jump [...]
Is This An Institutional Investor Warning?
Posted by Stock Online Trader on September 4, 2008 in Market News
Is this an Institutional Investor Warning? You know the reality … Institutional Investors have the directional control over the markets because they are responsible for 50% to 70%+ of the stock market’s volume on any given day. Above is a chart showing the “top core holdings index” held by the large Institutional Investors. Take a [...]