Market Analysis Update 01/22/2013 [HD]
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EXECUTIVE SUMMARY;
In this video I present you with both the bearish and bullish arguments because if we get it wrong here and blindly buy every breakout we might loss money almost immediately with even a shallow market pullback. I show you what to look for on the daily and weekly charts.
It is not uncommon for laggard stocks to be on fire just when the market is peaking, even short-term. The fact that stocks like RIMM [$17.37] and NOK [$4.56] now can't do no wrong (when they were some of the most hated and out of favor stocks in 2012) is frankly not the most bullish sign of a healthy market.
On the other hand if the market can hold above CURRENT key breakout levels on the monthly charts then we might be setting up for months of very powerful FAST PACED glorious breathtaking gains. I want what for YOU!!
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