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Strategies & Market Trends : Fundamental Value Investing

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To: bruwin who wrote (1298)	11/14/2010 6:43:33 AM
From: Madharry	Read Replies (1) of 4719

I was going to ask you whether you still liked ebix. clearly you do. Based on my technical indicators, it looks like for the moment the stock has broken down for whatever reason. could be that selling is just overdone could be there is more to this than meets the eye. goog also doesnt look good technically right now. I suspect that much of this could be due to hedge fund managers wanting to lock in their profits for the year prior to going away for thanksgiving so I look for the market to be flat to down until december.

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