Posts Tagged ‘news’
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News & Surprises Follow Trend
alphatrends, July 18th, 2008 at 10:06 amThe only thing that pays is price. Not sure why I looked at this one but the stock lost more than 50% of its value over the last week with no apparent news story. Then after the close last night, the company reported then “news” below. It looks shady to me, Wall Street is crooked in a lot of areas. The point here is to trade what you see, not what you think should happen. This market is too schizo for me, I cannot get my head into it. Back with a review after the close.
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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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