Are the Dog Days of Summer a Thing of the Past?
Jun 2nd, 2008 | By Rick Pendergraft | Category: Stock Market Investing
Based on the sentiment and the weekly chart, I look for a rough summer for the market, but the index could bounce a little before the downdraft resumes.
Good luck and good trading,
Rick
P.S. To let me know what you thought of today’s article, send an e-mail to: feedback@investorsdailyedge.com.
[Ed. Note: Subscribers to Rick’s KISS Investing service recently closed out gains of approximately 150% on Continental Airlines and 175% on the Diamonds Trust. Click here to learn more about KISS Investing]
Source: Are the Dog Days Of Summer a Thing of the Past?
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Rick is currently the Editor-in-Chief of The ETF Options Trader and the Triple Wave Investor. At the age of 23, on the third options trade he had ever placed, Rick turned $1,800 into $22,000 in less than a week, when the company he bought became the target of a takeover. He admits it was a stroke of luck, but it was a memorable education as to the leverage that options can provide. He lives near Delray Beach, FL with his wife and three children.
