Tuesday, November 18, 2008

HP or HPQ?

Have anyone wondered why stock symbols are selected?

Hewlett-Packard announced earnings, and stock popped, stock symbol HPQ. As shown here on the Google Finance site, stock symbol HP was more popular than HPQ.

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By chinltong at 2008-11-18

Anyways, jokes aside. it was a giant spinning top at 2:00 pm, and it turned into positive at the end. At support, a Bullish trade entry on the DIA will be close above the high today. All technical evidence pointing to a bounce.

The market can do whatever she wants. Just be prepared if the market does not bounce instead broke support and falls more.


shorts:
longs:

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