General Motors, the world’s largest automaker, is poised to stage a
rebound after an inverted head-and-shoulders pattern appeared recently.
Here’s why.An inverted head-and-shoulders pattern is bullish in the immediate
term. Measuring the distance from the low of the...
After hitting our market psychology barometer reading of 31 on 2008-02-21, it’s fourth lowest since 1991, Sara Lee is a buy. Here’s why.The chart below shows these four dates marked A, B, C and D. All showed recent steep declines.After these declines, prices rebounded...
created by Bryan D. See | 5 years ago | updated 5 years ago 494 views | 2 recommendations | 1 comment
During the last six months Comcast has lost almost a third of its market capitalization. With its recent fourth quarter results, Comcast is a buy. Here’s why.There are two resistances as shown by the trend-lines in the chart below. On 2008-02-14 and 2008-02-15, prices...
created by Bryan D. See | 5 years ago | updated 5 years ago 466 views | 0 recommendations | 0 comments
As a contrarian and rare-event observer, Motorola is a buy. Here’s why.Our own market psychology reading on 2008-01-24 was 19, the lowest on record. The closest was nearly 20 on 1987-10-26, more than twenty years ago.Read more.
Today, I will concentrate on "rare-event" trading. This method is popular among hedge-funds. George Soros is a most skillful exponent of this type of trading.