Reits
Today one of the weakest groups were the Reits. Just a few weeks ago there was no stopping this group of stocks on the upside, now they are all crashing down breaking the uptrend that began in June of last year.
Monday, March 05, 2007
Subscribe to:
Post Comments (Atom)
DISCLAIMER
This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
Posts
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_4.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
2 comments:
Off Topic but I don't know where to post this. It look like your 2nd week up trend for the DOW might be tested this week. Is that trend still in place or are we in a totally different trend now?
Thanks
Hi Mike,
I was actually going to post about that next week. The 2nd week pattern takes place next week, not this week. It's always the 2nd monday of the month.
The trend has turned down on a short term basis so I don't know if I'm going to take that long trade next week, but it will be interesting to watch. Thanks for taking the time out to comment ..
Post a Comment