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  • Investing Ideas_08 17 2010 review 0 comments
    Aug 17, 2010 5:39 AM | about stocks: CHTP, BYD, GOOG, AKAM, LLNW, SVNTQ, DTV, MSTX, JJG, TIP, ETF
     The correction has deepened further. Support was so weak and now we see the formation of a new support level. It should be noted that although stock prices closed mixed yesterday, the buyers dominated in the market.
    You can see that at the DJIA chart: the closing price is on the upper side of the bar. This suggests that investors liked low stock’s prices, and they were glad to buy shares.
    Our advice is to look for exciting stocks to include in the portfolio. But do not hurry. The market is moving down so far. But it is clear that the decline rate fell sharply. Consequently, flat or rebound will start in a little while. We would love it.
    But you must be prepared for the further decline in the stocks’ prices. Are you ready?
    Dow Jones daily chart:
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