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Why Charts Are Your Best Friend
Posted by Stock Online Trader on September 10, 2008 in Basic Material Sector, Gold, Technical Analysis, Technology Sector
Yesterday I loaded up KGC and RIO. Special thanks to dumb-ass Cramer for his predictions. KGC up 5.8% for the day. Surprizingly gold is down to 759$ level. RIO up 5.3% for the day. Lets see if it was a dead-cat bounce or time for some reversal. Both were over-sold and due for the bounce [...]
Is The Oil Rally Over ??
United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests or units that may be purchased and sold on the American Stock Exchange (the AMEX). The Company invests in futures contracts for light, sweet crude oil and other types of crude oil, heating oil, gasoline, natural gas and other petroleum-based [...]
Potential Shorts Entering Overbought Zone
Posted by Stock Online Trader on September 2, 2008 in Short Selling, Technical Analysis
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