Sunday, August 21, 2011

Stock Market Forecast: Is now the time to load up on dips?

The clouds still cover the Markets.
For the fourth consecutive week,  the Dow Jones Industrial Average ended in the red after another volatile ride.
Another week, another bruising for U.S. stock investors.
In the final two days alone, the Dow dropped 5.2%. On Friday, the index declined 172.93 points, or 1.6%, to 10817.65. It is now down 11% for the month of August and 6.6% for the year.
Friday was a day of relatively few bad-news headlines for U.S. stock investors. But they sold anyway.
Investors' nerves appeared to still be frayed from the relentless patina of gloomy news over the U.S. economy and Europe's debt troubles. The concerns about of the U.S. sliding back into recession gained traction this week as a stream of economic data pointed to signs of slowing activity.

In my opinion we are not sliding into recession and the time to buy on dips is near.
It is in a good agreement with
The question is how to make the rights pics?
This week 5 stock pics to load up:  BP,  AMAT, BGC, TNE, WAG.
Good Luck and a Great weekend to all of us!

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