Investing Ideas_05 05 2010 review

May 05, 2010 9:25 AM ETJASO, CGRN, LXRX, SAY, ZLC, QTM-OLD, TAN, OIL-OLD
Nojus profile picture
Nojus's Blog
102 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Contributor Since 2008

Trade-investor

 The market not only shows the market still does it: the Dow Jones index crash down heavily yesterday. The fall was very abrupt.

Therefore, we told to you to relax yesterday. We have done that, so we feel good today. Are you?
Of course, it is a serious question about yours well-being … It seems now to begin the correction in the stock market. And this is what investors’ desire at least. But the correction is good, a healthy point is the correction.
We are ready for it and now are working even more acute.
We can see that the Dow Jones have brakes the Fibonacci ratios of 23.6%. It’s a start of downtrend. It’s time to protect our profits.

Dow Jones daily chart:

 

Today's Investing Ideas.

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.