Some Oversold Bounces

Posted on May 24, 2011 by Stock Trade Journal

The market continues to sell off and with that come oversold bounces. I like FCX around $46, and important price level. I am keeping an eye on AGU also holding the line. MRVL looks very good, but be careful. It reports earnings Thursday.
I am accumulating EWJ for my retirement account. Japan will recover from the earthquake and nuclear disaster and their market will return to normal growth.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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