Open Question
I just watched Dan Fitz's video about C. I see what he's saying about the volume
and it breaking out above the 200 Day MA, but I'd hesitate calling it a "buy"
here. I think a lot of that volume is just riding the wave and will bail out the
second things start to roll over. Technicals have a place but I think they're
iffy in this enviornment.
Thoughts?
http://www.stockmarketmentor.com/public/1996.cfm
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People who missed out on the other financial's rally will look to the Laggards
for future opportunities.
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check it out...you'd be surprised...look at the 13F filed. i wonder how much
it's worth today?....makes me want to get a little piece of the
pie.....unfortunately...i've learned you can't stretch the portfolio
thin....there will always be other fish to catch.
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By "riding the wave" I mean trend traders, and they're definitely counted in the
volume. The trend may be up for now but we all know that can change in a
millisecond.
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pleez....if your holding (riding the wave) your not counted in the volume.
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Stop thinking and open your eyes. It has positive technicals and the gov't
backstop. The trend is up until it's not.
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