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Technical Analysis, Momentum Trading — iBankCoin

Closing Comments:

by RaginCajun on February 20th, 2008 at 2:15 pm

Today was a win for the bulls. Big gains were found again in Energy and Basic Materials.

I am amazed to see the seed companies continue to climb higher. Fly made a great point yesterday stating too much money is flowing into the sector. The money has to come out at some point, and when it does (SMN: 132.16 0.00%) is your play.

Note to financial bloggers: it’s not to late to sign up for the final four, registration ends tomorrow.

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