Wednesday 13 June 2012

12pm update - on track

Early morning losses all reversed, a little morning chop to confuse many..but the underlying hourly trend remains UP. Target remains 1335 for the close.


sp'60min



Summary

Choppy hour...but underlying trend remains upward.

*interesting stock to note today...

Patriol Coal (PCX). -95% or so in the last year. The company does not make money..and thus..is worthless.



That is probably still a radical philosophy to many these days, the notion that if a company does not make a profit, its simply worthless. Where will it floor? How about 0.00 ?

Ohh...that reminds me....AMZN....
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back later!