Monday, March 2, 2009

Stocks Sink on Continued Global Economic Worries

The bear market in global equities sank to new lows on Monday, as the Dow Jones closed at its lowest level since Spring 1997. Yep, if you began investing in 1998, you are in the red, dividends not withstanding.

As a result of today's significant drop, our daytrading picks showed some significant profits. These included UPL, OIH, RIMM and CPO. For Tuesday, the best set ups are to the long side. For more info, go to our website below to see how you can sign up for a free 2 week trial.

Scott Cole


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