Sunday, August 21, 2005

Hold on Buying stocks

Market is downtrending. USNA is doing well, but it is in a downtreding market. The price of the stock jumped by a great amount. Despite such, it is cautious to buy. I need to watch the stock for a few days to see whether it will go down. For now, it is not very wise to buy any bull spread. As for EXBD, MACD and STO are showing negative signals, but it is still above $75 resistance. It should be fine to go ahead and purchase a bull call spread.

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