The DOW drops 200 points today as the EURO gets dumped and it is trading at 1.235 now.
If the EURO keeps dropping, the DOW will be affected greatly. However, it is possible that the Dollar index is reaching its peak. And if it descends from there, our market is at a swing bottom.
I am still bullish on US Steel now. Goldman has placed it in its conviction buy list. I am looking for a bottoming of Mosanto as well. And I will find an entry for HOT and Micron Technology.
2 comments:
what is the bottomline of the said ETF to buy. I hold AA, AKS and I want to add some position on the said stocks.
I mean your position right now. I've been your observer in your blogs since January and I learned how to make profits in all your position.send me and e-mail pls.
Post a Comment