Don't forget NT is listed in NYSE, too.
No, I don't think so this NT stock has something to do with Canadian monetary or fiscal policy.
It tends to rely greatly upon the Sector and US economy.
Having said that, this sector despite there are so many bad news around, the worst like Friday's NT and JDSU news, are nearly over, and the prices have discounted all the worst, so Friday's NT prices @13's is the bottom.
You know last March when Dow hit 9106, all the financial magazines and finial reports just like yesterday finaicial reports regarding NT's worst news, TIME magazine even published a big BEAR picture in its cover page, Dow bottomed out right at 9106, now Dow 10650 as Friday closed.
Exactly similarly, Friday all the finacial guru stressed and financial reporters emphasized how worst is this NT stock, NT has bottomed right at this @13's.
There is no question about it, the candle chart issued the best ever buy signal as FRiday key reversal day, indicated indeed NT was bottomed.
From here there is only one way for NT stock, and that is UP and UP, and Up. Market discounted everything, everything known, in every circumstances.
Those world analysts are 6-9 months behind, they are not real time in term of appraising the value of this NT stock.
Those finacial reporters are also 6-9 months befind, they are not real time, either.
BESIDES, THOSE WORLD ANALYSTS AND FINANCIAL REPORTERS, THEIR WRITINGS ARE FOR YOU TO READ TO ENTERTAIN, BUT NOT FOR YOU TO TRADE AND MAKE MONEY AS THEY ARE WAY TOO MUCH TIME BEHIND, THEY DID NOT SEE THE FUTURE BUT ONLY REPORT THE PAST--HISTORY, YOU SEE.
Furthermore, as soon as that TRIPLE WITCH HOURS passed US market has started this so called "SUMMER RALLY"./ It is real and it will last until Labor Day.
John Paquet
In addition, those world analysts and financial reporters are not market traders, their ability to see the future is zero, they CAN NOT AND WILL NOT make ANY money in the market places, only earn wages for their writtings. |
