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Wednesday, August 3, 2011

Bears VS Bulls 7

Not a single blue chips below 4% from previous closed, Average down by Blue chips 2%.
 GLO went up 3% from 964 to closed at 990.

Third Liners, mostly down big time, still holding my basura stuck, hardly move for the day. Third liners always goes down hard because of liquidity issues, Bid and ask price range is too wide, you will get a heart attack.
That why it is important to analyzed your basura picks, so in case DOW sentiment will drag P6 down, it would not go down hard.

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