Tuesday, July 15, 2008

Reversal in stock market at last? Possible time to buy stocks

As per PROFIT FROM PRICES theory, today there are nice reversal buy signals:
* The recent sentiment is very bad.
* Today market and most stock opened with a big down gap and many of them are trading in positive territory right now.
* Volumes today (and over last few days) are distinctively higher.

Here is a chart of Dow Jones Ind average:

Financial stocks and airlines are showing strong U TURN buy signals today

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