Tuesday, May 25, 2010

Watch For Stocks That Are Up On A Down Day!

Goldman Sachs is up for the day!  Keep an eye on a stock that shows strength on a down day.  Usually there is some underlying positive that can send a stock much higher once the market becomes positive.  Goldman Sachs was just an example of what to look for in future investments.  Fund Managers invest for the future and they start early before an uptrend occurs. When a stock is up on a down day usually indicates that there is some Institutional buying interest and this special situation shouldn't go unnoticed. 

Also, when the stock market opens down and makes a large move to the upside such as today, this is a positive sign that the market may be becoming more optimistic about the current price levels, which means that the tides may turn shortly from negative to positive.  I'm an Optimist so you know I'm going to go with the second option of the market turning positive. I've had enough of these Negative Nancy down days.  I'm ready to roll to much higher ground!

Thank You,

Clay-


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