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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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Robert O
To: Robert O who wrote (2924)12/17/2013 9:25:04 PM
From: Return to Sender1 Recommendation  Read Replies (1) of 8288
 
JBL is a stock I have played a few times and always made money. Usually it trades in tandem with CSCO which, we already knew had a lousy quarter. The question now is are the problems confined to a single quarter? It's no secret that I don't love this market as I feel most stocks are trading much higher than they should due to slow earnings growth.

Sooner or later there will be a price to pay. That said I still would not write off JBL as being a poor trade opportunity over the short term. You just can't tell in this market. I am going to post some charts to keep an eye on here. I think maybe if you get a chance at JBL around 16.20 it might offer a great risk to reward short term as long as the whole market does not tank. Sooner or later the market will tank but that might be from much higher levels:







RtS
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