Buy them when sentiment stinks and markets are nearer the bottom of the range.
For now a short-term range mentality may develop, with day traders selling the top of the range and buying the bottom of the range.
FORBES: Technical Trading: Platinum Bulls Poised to Strike, Gold Bulls Hang Tough
Newmont said lower grades due to mine sequencing at Gold Quarry and lower grades at Exodus in Nevada could result in output for the year being near the bottom of the range.
Crucially, management maintained their 15% to 20% revenue growth guidance, although now they seem to be putting more emphasis on the bottom end of the range.
And it priced the stock near the bottom of the expected range.
That was at the bottom of range of analyst predictions for the group which has been repositioned after disposing of its tenanted pubs and off licences.
Overall, crude oil prices remain trapped in a wide, sideways trading range, but are now in the bottom portion of that range.
FORBES: Comex Gold Steady-Weak, Silver Lower amid Sell Off in Crude Oil Market
Netflix (NFLX) was a standout play yesterday as it traded off the bottom of its new upper level range and finished the day up 3.74%.
FORBES: Tesla Burns Rubber, Green Mountain Roasts And Google Flexes As Stocks Pause
Divide that number by 4, and then count that many notes up from the bottom of your range.
FORBES: What Is the Most Neglected Piece of Equipment in the Public Speaker's Arsenal?
But Blair says he now thinks the full year number could be at the bottom end of his forecast range, or maybe lower.
FORBES: Apple: Fretting Over iPad Demand, Analyst Advises Caution
It is the economic argument in favour of running Windows 2000 on Intel's Itanium early next year that undoubtedly poses a threat to Sun at the bottom and the middle bits of its server range.
In his latest report, Andy has upped his forecast of 4.5 percent for the year to 5.0 to 5.5 percent, with pork the key factor determining whether the final number comes in at the top or bottom of that range.
Finally, U.S. housing is recovering with a house price-to-income ratio at the bottom of its 40-year range.
So the bottom line is that we find ourselves in frequent agreement upon a wide range of issues.
应用推荐