Feeling Frothy
Source: http://alphatrends.blogspot.com/2008/11/feeling-frothy.htmlPosted on Monday, November 3rd, 2008 | In Technical Analysis Videos
Contributed by: Brian Shannon (http://alphatrends.blogspot.com) -
There are a lot of big percentage moves in broken stocks (stem cells included). It seems like people have let their guard down again and are chasing “junk stocks” higher. When we see this type of activity it is often late in a move. Do not be like the herd, RAISE your respect for risk in this environment and listen only to price.
Last 5 posts by Brian Shannon
- WIngsuit Flying - November 30th, 2008
- Stock Market Video Trend Analysis 11/28/08 - November 28th, 2008
- Quiet Choppy Trading - November 28th, 2008
- Family - November 28th, 2008
- Happ Thanksgiving - November 27th, 2008
 About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.