Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Thursday, October 22, 2009
The Nasdaq is in Thin Air Zone
Ino's Market Club has a new educational video that shows the Nasdaq is in Thin Air territory, basically, in a very dangerous spot right now. Watch video
Image captures from the video. Fibonacci levels shows:
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