Feeling Frothy
- alphatrends
- November 3rd, 2008
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.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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