Filed under: eBay (EBAY), Starbucks (SBUX), AT and T (T), Sprint Nextel Corp (S), Comcast Cl’A’ (CMCSA), KB HOME (KBH), Toll Brothers (TOL), Broadcom Corp’A’ (BRCM), Technical Analysis, Stocks to Buy
No matter how hard I promote my core strategy of short selling surging microcaps, the sheer volume of emails asking me about when slumping blue chips like Starbucks Corporation (NASDAQ: SBUX), Sprint Nextel Corporation (NYSE: S) and Nvidia Corporation (NASDAQ: NVDA) will bottom is astounding.
So, this is my answer to you guys. I’m also going to throw in Broadcom Corporation (NASDAQ: BRCM), AT&T Inc. (NYSE: T) and Ebay Inc. (NASDAQ: EBAY) because they all share the same horrifically downtrending charts!
I’ve already written about how you should avoid these kinds of stocks, but I know many of you are already down too much to even contemplate getting out now. Luckily for you, there now looks to be a glimmer of hope.
Continue reading A lesson in how stocks bottom
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