The new deal with PEP in China and Chile will make more money than the company is now worth (just guessing). Read the article. They have done 137 PEP facilities in North America, and will soon be doing every PEP facility in the world. Companies like Coca Cola and Budweiser will be forced to conform their company image. Global exposure with PEP will give them growth with almost everybody, and OESX could be worth 10 time in 10 years. [more]
I'll tell you. I don't think there IS going to be a correction before Christmas. The world just doesn't want it. Yet, till then the volume will continue to chill, as the market bounces in range trending slightly up.
I think spring might just slowly unwind though. The dollar is weak, but it's not dead. So the market will begin to trend down as the dollar trends up as folks think the recession is real and feel safe to use the little cash they have.
So i'm doing something very foolish, and redthumbing VXX againt the tide, and against Specbear.
rec me for bravery :-) [more]
As of right now, i have a better score, rating, accuracy, and average points than binve. So you newbies should listen to me, not him. [more]
Maybe one of you EW folks can look at this? and of course any help is welcome. [more]