Money Making Opportunities in Sector Watch
Yesterday’s edition of Sector Watch not only brought up two great money making opportunities in Dow Transports and what you need to know in order to unlock the profits there in.
In his explanation of what you should do to profit from this sector, Jim also shows three great charts to drive home the profits you could see with this recommendation. The first two actually show the Dow Theory in action and the third displays the weekly chart for iShares Dow Jones Transportation Average (NYSE: IYT).
Pay close attention to his suggestions for this play and take note of his short-term outlook. In closing, Jim gave some solid data to keep an eye on and how they will effect this opportunity; both positive and negative to include what corrections we can expect to see and how to move if Dow Industrials fail to trade over their May 2nd high of 13,133.
Tuesday, May 20, 2008 — by Martin Denholm, Managin Editor, Mt. Vernon Research
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