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  • Investing Ideas_09 14 2010 review 0 comments
    Sep 14, 2010 3:55 AM | about stocks: F, SAN, GS, BYD, ULTI, UAUA, OWW, PCL, EWD, DTO
     "Don't try to buy at the bottom and sell at the top. It can't be done except by liars."
    Bernard Baruch (1870-1965) financier & economist
     
     
    Dow Jones Industrial Average index has strong support. One support is new information (Basel, Basel, mon amour); another one support is SMA200.
    As Elliottwave.com describes, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support – a level where buyers reside.
    If you’d like you investments become your small business, you must have a business plan. Mr. W.Buffett’s tips for individual investors are this plan:
     
     
     
    Dow Jones daily chart:
     
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