Quote of the day: "Show me a thoroughly satisfied man, and i will show you a failure." --Tomas Edison
In my earlier post on "Bershire Hathaway A stock - a simple analysis" over the weekend, i mentioned that the 50 days moving average intersect with the stock is an indication that the stock will continue in the downward trend. Indeed, as per today, the stock has drop from $93,750 to $93,500 per share.
Since now that the stock is below the 50 days moving average, there is an indication that it will drop further. Let see again.... the game is getting interesting.... we shall wait and see when the stock will rise again and what will the 50 days moving average response.... but in the meantime, i expect the stock to drop further.
Tuesday, September 26, 2006
Bershire Hathaway A stock - a simple analysis part 1
Posted by Yew Heng Chiong at 9/26/2006 07:44:00 AM
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