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January
10, 2000 |
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Volume
IV, Issue 2 |
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Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
The NASDAQ is like a patient
just waking up from surgery. It is groggy, and vital signs are being checked
to determine if the patient is indeed on the road to recovery. The success
of the operation might not be known for some time. The patient is showing
signs of coming back to consciousness, but we're not sure if the operation
was a success. Last week's injection of pain medication from the Federal
Reserve in the form of 1/2 point drop in interest rates was met with 300
points of pain relief in one day. However, The pain returned over the next
three trading sessions. We know the patient wants to get well, its just
hard to tell if this last surgical removal of value was enough to do the
trick. Time will tell.
In the meantime, long term investors
need not worry and short term investors need to stay light on their feet.
We are looking at a new Trading Alert for the weekend, but market
conditions will dictate its release. If everything comes together it will
be a high percentage money making opportunity- We have been right on this
one twice in the past.
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