Citigroup Nearly Doubles in One Week

By James | March 14, 2009

I saw a lot of excitement this week as the market went on cytotec tablet a tear upward.  The broad market was up about 10% this week.  Some banking stocks buy clomid without a prescription nearly doubled.  Citigroup was up 72% while Bank of America Cheap Levitra Super Active+ was up 83% in just one week. So the bottom must be in right?  Not so fast, it’s easy for a stock to double buy antibiotics online when it’s trading around $1!!  Let’s take a look at the charts.

$INDU – Dow Jones Industrial Average


daily 3-14

Notice that price has pushed back up to the white line which buy 5 mg propecia online is a 21-day buy kamagra online without prescription online pharmacy cialis online pharmacy moving average.  Looks like just another pullback to me.  This was an extremely oversold market so this violent thrust upward is not surprising and it could go much higher.  Maybe even up to 8,000 but it certainly does not look like THE bottom.  Only time will tell but for now the trend is still clearly and unmistakably down .

Well, I am buy cialis tablets off to watch some conference tournament basketball.

Have a great weekend!

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Topics: Investing, simple market timing, Trading | 1 Comment »

One Response to “Citigroup Nearly Doubles in One Week”


  1. Market Review – Week ending 3/27/09 | SimpleVesting Says:
    September 13th, 2010 at 5:23 pm

    [...] is up for the third week in a row and flirted with the 8,000 level I mentioned a couple weeks ago here.  It actually reached 7,931.  So, what now?  Well, we are major overbought here and there is [...]

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