Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 05/31/2009
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Hello, now we are all feeling better and excited about the stock market getting better and better everyday.
I see that these days oils and raw materials are in the spot light and prices are getting higher everyday. Someone even predicts the price will hit $75. It is surely possible and may affect oil related stocks to go upside way. However, I feel like this is not the time for oil stocks now. I think we missed the ride already. I think the oil prices go up during the summer days and go down during the fall and winter. It has been like that in the past.
But then with the blooming stock market, where should I focus ?
I just visited the Mr.Bill Cara’s blog and He thinks something big is coming for Financials.
The Financials (XLF +1.42%) are coiling, getting ready for a large move – one way or the other
What do you think?
Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 10/07/2008
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Another 500 pts down today. It is horrible and I just can’t watch. The daily RSI7 less than 30 for 90 of the listed stocks. Also It has been fifth consecutive down days. It seems like we are witnessing
the financial dooms day.
But, I believe that we are going to have a bright day tomorrow and a positive day. I know that it’s time to see some green after long negatives.
Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 10/06/2008
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What an amazing day!
Dow was down almost 800 point middle of the day but it ends with only -370 points = 9,950 point.
Did you catch some of the great stocks at bargain price today? Bill has recommended to take action today.
This article was posted before the market opening.
The selling that is happening abroad today will probably create more of the same at the open in NY and Toronto, but then I think there will be a turn during the day. For that reason, I will focus later in the day (in an ADDENDUM) on a couple names of the 36 that last week I listed as Buy candidates. These I will recommend buying today.
Mr. Bill Cara believes that the bull cycle has started. And this would be your one of the life time chances that you can create great wealth.
The current recommendation lists are captured here
http://rsi7.com/2008/10/02/recommende-stock-lists-from-bill-cara/.
Good Luck everybody!
