The Week That Was and What Worked
- Posted by ZorTrades
- on October 19th, 2013
So there you have it, the entire Government shut down turned out to be another reason to buy stocks. Many, many, many people were really concerned that the Government shut down was going to hurt the market, if you listened the news and read the paper you would think the market was collapsing or about to collapse but yet the opposite happened. This is why it is so important to see what is actually happening underneath the surface instead of taking everything at face value. Don’t allow your stocks, your history, your thinking, etc…cloud your judgement to what is really happening. See things for what they are not for what you want them to be. 15 Tips To Improve Your Trading.
About this week; The Chinese names continue to be the best game in town–from the ones that people call junk $GURE $XIN $SKBI to the IBD type names like $SFUN $NQ $VIPS continue to provide money making opportunities for traders. But all good things come to and end so don’t chase.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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