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Tipping Monkey Blogs
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MON: Following the Trends of Tragic May
30 Apr, 2008 05:37 PT
Posted By: BrettM | 0 comment(s)

With April almost put away there should be smiles on the dials as profits are booked. However May has a habit of turning that smile upside down. Why you ask? Well out of the last 10 years 9 of them have had significant down moves from the second week in May. Despite a weak first quarter we are lined up for some pain.



On this particular stock a number of indicators show increasing weekness, and lost momentum. In short I think the $90.00 support level could be tested- but time will tell.



Happy Trading



 



    

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EBAY: Easy Decision
17 Jan, 2008 00:04 PT
Posted By: marzbar | 0 comment(s)

EBAY is trading at 28.09, only slightly above it`s 52 week low of 27.67. If anything, online auctions are growing in popularity, and EBAY clearly has a monopoly on this business worldwide (barring New Zealand`s TradeMe of course :P). Pretty easy decision don`t you think?

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