Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

"Head and Shoulder" Top Forming

By

Ron Coby on how to act defensively during a big leg down.

PrintPRINT
Join Minyanville professor Ron Coby as he takes a look at the big picture for the week.

Last week, Ron spoke of a market rally. Today, Ron talks about why he believes we'll see a "head and shoulder" top formation. When that happens, expect to see a sharp and accelerated sell off. As a result, Ron makes the case that now is the time to act defensively.

Click below to watch the video.



For more from Ron Coby take a FREE trial to the Grail ETF & Equity Investor newsletter.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE