read the news on emi: (perhaps also sen) continued evidence of improving
business conditions and new cyclical upswing, some years left in the
cycle - rents on industrial property start to rise now, expect headlines
in two or three years;"industrial rents set to soar" or some such thing,
then its time to sell and head for the hills
next break on etr should be the one to get - ah those mid points, I
could write a book on them
same for glb, if the stock tries to get to that gap, it will fill it
quickly, since there will be little resistance, ie there were no sellers
at this price on the way down, as it simply gapped over on the collapse.
(see recent agi for copycat example of a break across three past tops)
relating news to the chart, on 24/7 a lot of shares came off 2 year
escrow - do you think they started selling ?
charts will tell you the history, good reason never to buy new lows,
which happened the day after or so.
most recent previous email seemed to hit a nerve. Places to sell, well
the first move into a mid point on a recovering stock, like etr some
months ago is one place to sell - and to try and trade into, there will
be plenty coming up on the .com stocks that survived, into next year and
double tops that are the end of a run, clearly a place to take profit
on good news (if you are trading, eg iba as an example) - though this
year more than the usual number have kept going - a sign of the bull.
if your stop is hit - the first loss to take is almost always the smallest
It's about the rent:
One of the Presidential candidates knows it, and is even prepared to say
so. Of interest from my point of view.
www.votenader.org and go to /issues/index.php?cid=7
and read the tax policy. The other two know also of course, but could
never admit it for reasons of who backs them.
ETR - PDF
GLB - PDF