Morning update:
NQ goes down and closes the September gap and some. As long as it can hold 2058, it could have found a footing. Financials are way oversold, note that GS is up today. I would buy C (Citi) here, as it is trading for the first time EVER below its 200 monthly moving average. This is a long term play, but believe me, Citi is not going out of business.
NQ goes down and closes the September gap and some. As long as it can hold 2058, it could have found a footing. Financials are way oversold, note that GS is up today. I would buy C (Citi) here, as it is trading for the first time EVER below its 200 monthly moving average. This is a long term play, but believe me, Citi is not going out of business.
This entry was posted
on Friday, November 09, 2007 at 11/09/2007 11:53:00 AM.
You can skip to the end and leave a response.
» Post a Comment