MPT Rating (05 Bullish)

25. June 2008 by admin.

Wednesday, June 25th, 2008; MPT Rating (05 Bullish) 

The market behaved as one would expect with the FED policy meeting today…  we saw the markets advance into triple digit gains then fall back by the close to near unchanged; being that the FED did not say anything which we had not already anticipated, I am little surprised the market closed near unchanged for the day.

The DJIA; gained 4 points for the day but clearly shows itself to be substantially oversold now trading back at its march lows…  today’s MPT Rating of (05) clearly shows “Smart Money” is buying this market pullback and we are recommending the same.

The NASDAQ; gained 32 points for the day and though we must admit the market is oversold enough to support a bounce, we are less than pleased with the unfilled gaps below the current price clearly marked on the annotated market chart we’ve provided.  All in all I would caution all investors and traders to be selective in this pullback as I see further down side in some stocks still to come, but there is great upside potential in several at the same time.

Today’s MPT (Market Power Trend) Rating, which tells us what “Smart Money” is doing in the market today and what to expect with the overall market tomorrow, came in at (05) and this tells us that “Smart Money” is buying at these oversold prices…  We recommend our members load up on our top picks ASAP.

As always I recommend investors and traders, be smart, patient, and ever successful.

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