Monday, February 27, 2012

Stocks Mixing Today

Nice to see that some small stocks have made gains while blue chip stocks are taking a beating. Looking at the overall Dow proformance today can lead me to think that this is the beginning of the course correction I wrote about last week. One can see that looking at the Mac D and other charts this morning that we will see over this week a futher decline in most technology stocks meanwhile raw goods such as sugar and corn will go up. Where to invest this week is of important matter since most stocks are down. Well buy the cheaper beaten down tech stocks and mix your portfolio with some solid dividend paying ones
Everyone knows that buy on the down market is good to do but read your chart data out to one year from date of possible purchase to see if it is a reliable proformer. Look for the upswing on the stock and ride the wave but get out before the stock tops. If you do ride the wave this week be careful not to read the charts incorrectly so you fail to get the most out investments. Hope everyone going to make lots of money this week and this should be a good week to do it.

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