December 9, 2011 - FDNN Alert #82 Panic Stock Buying Frenzy Ahead – by Nick Nicolaas
December 9, 2011
From the Desk of Nick Nicolaas – (FDNN)
Alert #82
PANIC BUYING FRENZY AHEAD
Watch the S&P 200 Day Moving Average (DMA)
Dear Friends:
I will write another Alert this weekend and you will have it before the market opens on Monday but here is an important preview from my Alert #83:
Market Turnaround and ‘Best Timing’ to buy
For a quick answer to when to buy, if the S&P breaks decisively above 1,264 (its 200 DMA) then we may have a double whammy buying panic before year end and you should then already be positioned..
Reason for double whammy buying panic:
- Capital movements from Europe into the USA; plus
- Worldwide Fund Managers who have a had a disastrous 3rd quarter frantically buying before year-end to make the end of the Quarter and Year end so that their Fund can look good and to ensure their Year end bonuses.
As aforesaid, I will write with more detail once I do my full analysis which may take me a day or more.
From Vancouver best regards,
Nick L. Nicolaas
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Nick L. Nicolaas (604) 657-4058 This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
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