Ted Re...Harry, be careful of TARO......it broke its downtrend, but not on strong volume. Now it looks like its folding back on itself.
Just a heads up.<<<<<<<<<
Thanks, I noticed it also, however the volume of the whole stock market has been poor the last 2 days. I decided to stick it out. Besides, Taro opened at 32.34 this AM, and dropped to the low of the day within the first minute. There has been too much good news, to let a downgrade of Intel, Ge Capital concern, and someone else to bother the market for long. The BTB was good last night, housing starts,upgrades etc. should prevail. I have no idea why the market was spooked about interest rates, however I think it will recover shortly. So, thanks for your concern, but I am holding. I am still $3 over on my initial investment, so I am getting nervous but not perspiring yet.
PS I may be wrong, but sometimes it seems the big boys spook the market with wild rumors just to shake the tree. |
