and she dances on the sand....Wow opening up a blog with Duran Duran. Anyway I picked up some RIO on Friday in the low 33's and I am quite happy with my paitence on this stock. In my opinion, I am killing two birds with one stone by capturing a stock that is in Brazil and in the metals and mining industry. If you look at the chart in the above link I still think the stock has some downward motion since the technicals are not all that great. This is a stock I'm looking to hold onto as an investment vice a straight up trade. If it drops lower near its 50 day moving average, I believe I will scoop up some more shares. I continue to pound the table on the international marketplace and the value that it provides during the U.S. fluctuation. I believe investors for the long term can't loose sight that this is a global marketplace and if one ignores that aspect then great opportunities are being missed.
2 comments:
Hi Justin,
Excuse me for posting this in the comments but I wanted to reach out and say hello from AdaptiveBlue and thank you for putting our Stock Widget on your site.
I thought you'd also be interested in our SmartLinks - they install with a simple 1-click installation and bring a tonne of additional value to your links.
You can preview what SmartLinks would look like on your site here:
http://adaptiveblue.com/proxy/SmartLinksPreview.php?url=http://tradingstockz.blogspot.com/
Drop me a note if I can help with anything!
Best,
Fraser
Fraser,
Thanks for the help...I think it adds a cool dimension to the blog.
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