Ever since touching $2.50 lows in March '09 FFEX [$2.07] had a tremendous rally for those who played the March 2009 market lows perfectly. This great rally eventually stalled at $4.75 (on a monthly closing basis), thrice!
TRANSLATION: Now with the recent break by FFEX below the $3.00 - $2.80 support level it seems that the ice (sic) has melted below @2.50ish (or March 2009 lows) and trading below ONE DOLLAR is the target by beginning of 2012 because the chart is now looking terrible, OR, in otherwords; BROKEN!!
Since May 2011 (since Jan, 2011 for FFEX holders) investors have insisted on owning stocks while it was obvious that owing stocks was a mistake. Don't guess or waste time on fundamental research. If YOU are losing money - YOU are doing something wrong. Know where to place your bets. Remember also that "BUY and HOLD" died in 2007!
$99 for 12 months of the best stocks picks on the net (hands down) too much?
How much have YOU lost on FFEX his year? Are YOU gonna do something about it???
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