Contrarian Commentary, The Week Ahead 10 /24/ 09

[darrengerdude96]

Oil up to 1158 again today, all commodities ip except aluminum, futures point to higher open again today after 105 point last Friday. Go figure. Guess thinga are improving. 500 jobs coming to Elkhart.

[hktraveller]

I disagree with you on the contrarian view about the dollar. Here's my take: if goldman saches know gold will go higher inevitably because some many people will dump dollar during rallies, why don't they pump gold now in order to avoid people to buy cheap gold again. This move will spook everyone (the general public including China) by surprise. Maybe we will see a stock market down, dollar down, but gold UP ! ...... just a guess

[rad60002003]

Thank you for the comment. It just goes to show you how fundamentals are decieving. If it was cheap then it should be a screaming buy now. Consolidation along that 200 day moving average sets NVEC up for a nice trade with a stop loss just below the 200 day moving average.

[EZlearningVBdotNet]

cramer said "The stock is cheap, trading at 22 times earnings with a 25% long-term growth rate, Cramer said, but this one is not for the faint of heart. NVE is only for those with a big appetite for risk. So use limit orders if you do plan to buy it, and only do so in small increments."