Make Serious Money Trading

How do I make money trading? Why do my trades go wrong? What can I trade and how? These are essential questions for the trader and you will find someone that will answer them here. Put this link in your RSS Feed Reader http://tutorhelpcomau.blogspot.com/atom.xml Read with Bloglines: http://www.bloglines.com

Terms and Conditions

Sunday, September 30, 2007

Love the Coffee...Hate the Stock

I have to admit, I love this company's product, but I hate the market action of their stock.

The company that is being discussed today is Starbucks. I am sure that if you drink coffee you've had one of their tasty coffee brews.

How can I love their Coffee Frappuccino Grande and hate their stock?

Well it all started in January of this year when one of our major Triangle indicators flashed a major trend change. This indicator is one I watch very carefully as it usually indicates significant move in the future.

On January 26th of this year our Triangle indicators issued a sell on Starbucks at 33.65. Since then the stock has evaporated down to the 27 level.

Is the downward move over? According to our triangle indicators I have to say no. I have a new video that details exactly where this stock is headed.

Here's the 5 minute Starbucks video:

Starbucks.