Archive for February, 2009
Next Entries »Stock Market to Continue Downtrend
Saturday, February 7th, 2009The XAO is now showing clear signs of sellers in control after a push higher late last year and the beginning of this year. Last week produced a Lower Trough (LT) and this week saw the first Lower Peak (LP) telling us the sellers have taken over control from the buyers. This has also now [...]
Sell Signals with Lower Peaks
Wednesday, February 4th, 2009The Resources sector is one that has had a hard fall in this bear market. Companies that have always been seen as brilliant stocks to buy are not fairing too well. BHP has been a well loved stock in the past. Let’s take a look at what this stock is doing right now. As seen [...]
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