EDITED: I never thought we would go this low. I expected a bottom at the 10 year chart I was posting; somewhere circa $1.00.
I do feel, however, that buying at these lows was a great idea, too good an opportunity to pass up, so I have been collecting as well at any of the levels down here that struck me as a "steal."
I think down here is stealing it, so you are doing fine!! lol.
After all the bad press on the way down in this retrace, statements are starting to show up on the web much more often regarding the turn around.
Today the new article is showing a change of thinking about the event of the turn being here, now.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.
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