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StockTock.com 10/1/08 (2/2) ~ Stock Market Technical Analysi
Posted by admin on February 25th, 2010 filed in Gold against Oil
StockTock.com discusses the challenges facing industrial and material companies. I am yet to see anything that looks like capitulation in some of the weakest stocks in this market. We discuss developments in Europe and why the euro is likely to weaken further against the dollar. We like gold over the medium term. We are dollar cost averaging into gold on weakness. I did not cover UNG in the video, but it looks like natural gas may be in rally mode. We look at XLI, XLB, POT, CAT, HON, RIG, EUR/USD, DXY, and GLD.
Duration : 0:10:59
February 25th, 2010 at 3:32 pm
someone want to …
someone want to chat
wanting new friends k4
February 25th, 2010 at 3:32 pm
The 50 week moving …
The 50 week moving average hasn’t even moved below the 200 week moving average yet. It does almost every recession. So we have plenty to go down for the indexes. Grab a parachute.
February 25th, 2010 at 3:32 pm
I don’t see any …
I don’t see any botttom… most stocks are still overvalued and above their historical values.
February 25th, 2010 at 3:32 pm
how do u know so …
how do u know so much?
February 25th, 2010 at 3:32 pm
the system in Japan …
the system in Japan is not working. the system in Europe is not working… and you can bet the system in the USA is not working..bail out or no bail out.. high interest rates or zero interest rates. simply put, all the good paying jobs are slowly shifting overseas. the manufacturing sector and now the “new” economy is in India instead of California. if people cant cover expenses the economy cant expand.