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-Alex Stewart
The Rogue Investor
Stocks fell hard this last week, breaking support and entering uncharted waters. For those of you eager to jump right in a short on the Dow, be careful.
While stocks broke a key support level, a false breakout is not out of the question. Stocks pulled up off lows on high volume so the successful investor [...]
I’m not too sure I agree with the stock market projection. Even if the professional investors have factored all this in, the personal investors are going to freak when the numbers hit the street.
People have opposing opinions when it comes to credit cards. Some believe that credit is necessary, for the others, credit cards are inherently evil. Anyway, a vast majority of U.S. households use plastics on a daily basis, but some cardholders are quite satisfied with their cards, while the others constantly blame credit cards for their [...]
The Dow had a pretty bad week, dropping 430 points on slightly above average volume. As you can see on the chart, the Dow pulled back slightly, but is on its way to a new down-trend.
The bailout might be a market booster short-term, but I think that the more time that passes the more things [...]
