stock market trends & observations 08/23/11

8/4/2019 Stock Market Trends & Observations 08/23/11

1/12

Ytgik Lezkht Tzhndy ! Gjyhzqetmgny

JZHEKGXT JX] YMONEC 62':9'55

Vgythd Exoxyt :9# :655 j} Jgj

Iethogzmhy0YHCC'JX] EITMGN XVDETH

Ma tbh ibezty "gz cmnky- dgnt hncezoh wbhn }gx icmik gn tbhl#vcheyh icmik tbh cmnk jhcgw tg

qmhw tbhl vzgvhzc}

bttv0''ytgiklezkhtgjyhzqetmgny.wgzdvzhyy.igl'

************************************************************************************

Ybgzt Thzl

@xc} :655 Tg Vzhyhnt

Ythv 9 Dgwn Amnmybhd

Ixzzhnt Eitmgn Ytetxy Jx} Ymonec Tgde}

Tgde} wh jzgkh gxt ga tbh jgttgl ignohytmgn ezhe. Tbh ibezt jhcgw mccxytzethy tbh jzhekgxt.

62,:9,55 YV866 AXTXZHY 56 LMNXTH JEZY :

_h icgyhd gn tbh bmoby tgde} end tbet jgdhy whcc agz e igntmnxenih ga tbmy zecc}. Mn tbh wgzyt ieyh

yihnezmg tbmy zecc} ybgxcd iezz} et cheyt ejgqh tbh bmoby ledh gn Exoxyt 5?tb. Tbet my engtbhz 986 vgmnty

agz tbh D@ Mndxytzmecy. Tbh jhyt ieyh yihnezmg my tbet tbmy my tbh jhomnnmno ga cezoh ythv 9 xv# wbmib

wgxcd tekh xy ejgqh tbh Le} :nd bmob ga 5:#2?1. Tbet my 5?66 vgmnty bmobhz tben tgde}y icgyh.

Tbh gnc} iextmgn my tbet wh ybgxcd ngt aecc jeik end icgyh ymonmstientc} jhcgw tbh xvvhz ozhhn cmnhy.

Tbhyh cmnhy# veztmixcezc} tbh cgwhz gnh# ybgxcd eit ey yxvvgzt tg en} igzzhitmgn tbet lmobt hnyxh. E

ymonmstient jzhek jhcgw tbh cgwhz ozhhn cmnh wgxcd jh xnentmimvethd end igxcdnhoeth tbh vzgyvhity ga e

qmejch jgttgl. M ecwe}y ye} ymonmstient jhiexyh tbhyh chqhcy ezh ngt hnozeqhd mn ytgnh end ezh zetbhz

axpp} mn zhecmt}.

Tbh kmikhz mn ecc ga tbmy zhlemny tbh entmimvetmgn tbet tbh AHD wmcc enngxnih yglhtbmno bhcvaxc gn

Azmde}. Ma tbhzh ezh cheky zhoezdmno e vgymtmqh Azmde} eddzhyy j} tbh AHD ibemzlen tbh lezkht igxcd jh

gik Lezkht Tzhndy ! Gjyhzqetmgny bttv0''ytgiklezkhtgjyhzqetmgny.wgzdvzhy

ga 5: 2':9'55 1055


2/12

Ybezh tbmy0

Ybezh tbmy0

yxjytentmecc} bmobhz j} tbhn. Tbh ignqhzyh my tbet tbh lezkht igxcd jh yxzvzmyhd j} e ceik ga oggd nhwy

azgl tbh AHD ibemzlen. Ma tbmy whzh tzxh wh wgxcd cggk agz tbh lezkht tg yhcc gaa. Jxt ma wh beqh e

ymonmstient jgttgl eczhed} mn vceih# tbh yhcc gaa wgxcd ngt jh yxytemnhd end e zecc} wgxcd igntmnxh. _h

beqh tg wemt end yhh wbet bevvhny gn tbmy azgnt.

M beqh jhhn wzmtmno ejgxt e vgyymjch lezkht jgttgl ymnih Exoxyt 5=. Qhz} ahw vhgvch wmcc jx} nhez

lezkht jgttgly jhiexyh tbh} dgnt xndhzytend tbh zetmgnech ey tg wb} tbh lezkht ybgxcd og xv. Tbh

gqhzwbhclmno zheygny wb} tbh lezkht ybgxcd og dgwn ezh yg vgwhzaxc tbet gnc} e izep} vhzygn wgxcdjx} xndhz tbhyh igndmtmgny.

Tbh agccgwmno cmnk my e VDA stch tbet hqhz} zhedhz ybgxcd eclgyt igllmt tg lhlgz}. Tbmy wey wzmtthn

j} Hdygn Ogxcd# wbg wey tbh vzhlmhz ytgik lezkht enec}yt HQHZ. Bh ledh zhvhethd ytgik lezkht

ieccy tbet whzh xnjhcmhqejc} eiixzeth. Tbh agccgwmno VDA cmnk my tmtchd L} lgyt mlvgztent dmyigqhz}.

Mt eddzhyyhy tbh mlvgztenih tbet vy}ibgcgo} vce}y mn tbh ytgik lezkht. _bhn }gx xndhzytend bgw

mlvgztent vy}ibgcgo} my tg tbh ytgik lezkht# }gx ien jhiglh chedhz mn }gxz ytgik lezkht eitmgny mnythed

ga e agccgwhz wbg my ecwe}y jx}mno "gz yhccmno- tgg ceth.

L} Lgyt Mlvgztent Dmyigqhz}# J} Hdygn Ogxcd

Igllhnty0Jh tbh stzyt tg igllhntHdmt

Thibnmiecc} Yvhekmno @en Ahj :664


Iethogzmhy0HDYGN OGXCD , VDA AMCHY



JX] YMONEC "eclgyt- 62':9'55


Iethogzmhy0DEMC] XVDETH

Ma tbh ibezty dgnt hncezoh wbhn }gx icmik gn tbhl#vcheyh icmik tbh cmnk jhcgw tg qmhw tbhl

vzgvhzc}


************************************************************************************

Ybgzt Thzl



ga 5: 2':9'55 1055


3/12

Ythv 9 Dgwn Amnmybhd , Xnqhzmsthd

Ixzzhnt Eitmgn Ytetxy Jx} Ymonec Yggn

Ectbgxob M jgxobt YV Axtxzhy }hythzde} lgznmno end beqh e qhz} iglagztejch vzgstt tgde} "eclgyt :6

vgmnty-# Ml ngt myyxmno e agzlec jx} ymonec xntmc wh jzhek ejgqh tbh ignohytmgn pgnh mn tbh ibezt jhcgw.

Tbmy ignohytmgn pgnh my tbh gnc} jezzmhz tbet cmhy jhtwhhn xy end tbh xvymdh.

Tbh stzyt ibezt ybgwy tbh ignohytmgn pgnh end tbh lxctmvch jgttgly ledh gqhz tbh ceyt 4 tzedmno de}y. Eymonmstient jzhek ejgqh tbh zhd cmnh wmcc jh e jx} ymonec.

Ey M wzmth tbmy "55066 EL VDT-# tbh lezkht my hrvhzmhnimno e ylecc igzzhitmgn.

62,:9,55 YV866 AXTXZHY 56 LMNXTH JEZY

Ma }gx beqh jhhn agccgwmno l} jcgo }gx beqh zhecmphd tbet M tbgxobt tbet wh whzh mn tbh ezhe ga e

jgttgl. M jhcmhqh tbmy tg jh lgzh tzxh tgde} tben }hythzde} jxt M wmcc hzzgz gn tbh ymdh gn jhmno

ignyhzqetmqh zhoezdmno tbh eitxec jx} ymonec.

Ma tbh jx} ymonec my myyxhd0

Tbmy wmcc jh tbh hnd ga ythv 9 ga ythv 9. Hqhn ma tbhzh my e ythvy 4 end 8 dgwn# tbhzh ybgxcd jh e

qhz} oggd zecc} et tbmy vgmnt. Ma tbmy my tbh hnd ga tbh dgwnwezd igzzhitmgn tbet jhoen mn Ahjzxez}

:655# tbmy igxcd lezk tbh jhomnnmno ga cezoh ythv 9 xv igxntmno azgl Lezib :66=. Ma tbmy my tzxh#

tbh zmyk zhwezd zetmg my tmcthd qhz} bmob tgwezd zhwezd.

Tbh nhrt ibezt ybgwy tbh weqh igxnt detmno azgl Ahjzxez} :655. Ythv 5 end : whzh ymdhwe}y end ythv 9

wey e dhstnmth bemz zemymno vcxnoh. Ey ytethd vzhqmgxyc} tbh yhntmlhnt my ozgyyc} gqhzdgnh end azgl

yxib hrtzhlhy ezmyh jmo zeccmhy.


ga 5: 2':9'55 1055


4/12

Ybezh tbmy0

62,:9,55 NEYDEU 5:6 LMNXTH JEZY


Demc} Ytgik Lezkht Xvdeth 62'::'55

Vgythd Exoxyt ::# :655 j} JgjIethogzmhy0DEMC] XVDETH


vzgvhzc}


************************************************************************************

Ybgzt Thzl


Ythv 9 Dgwn Vgyymjch Thzlmnetmgn

Ixzzhnt Eitmgn Ytetxy Jx} Ymonec Vgyymjch Yggn

Vzhyhntc} tbhzh my ng jx} ymonec. M wgxcdnt zhigllhnd jgttgl stybmno }ht jxt wh le} jh mn tbh

nhmobjgzbggd.

Ngtbmno dhstnmtmqh tggk vceih tgde} jxt wh ezh vgyymjc} tz}mno tg lekh e dgxjch jgttgl. Tbh stzyt

ibezt ybgwy tbh Neydeu Iglvgymth lhendhzmno ezgxnd tz}mno tg lekh e dgxjch jgttgl "Exoxyt = end

tgde}-. Mn tbh yhignd ibezt "YV 866 AXTXZHY 96 LMNXTH JEZY-# tbh axtxzhy ezh tz}mno tg agzl ebmobhz jgttgl tben Exoxyt 2.

Ceth tgde} wh stnmybhd e ylecc mntzede} 9 ythv igzzhitmgn. E lgqh xv ybgxcd tekh vceih gqhznmobt. Tbh

uxhytmgn zhlemny ey tg tbh dhozhh ga tbh lgqh xvwezd.


ga 5: 2':9'55 1055


5/12

62,::,55 NEYDEU = LMNXTH JEZY

62,::,55 YV866 AXTXZHY 96 LMNXTH JEZY

Tbh lezkht igxcd jh ygcd gxt end ma tbety tzxh en} jed nhwy ybgxcd jh ozhhthd wmtb e }ewn. Tbet

wgxcd jh e oggd ymonec tbet e zhqhzyec bey gz my tekmno vceih.

Tbh yhntmlhnt mn tbh lezkht my qhz} dezk end tbet my tbh ytxaa azgl wbmib jgttgly ezh izhethd. Ey tbh

lezkht zeccmhy azgl e jgttgl mt icmljy tbh wecc ga wgzz}. Et stzyt tbhzh my ng dmyihznmjch zheygn agz tbh

zecc} end yglh mnqhytgzy wmcc yhcc mntg tbh thhtb ga tbh zecc} gnc} tg dmyigqhz lxib cethz tbet tbh} beqh

ledh e lmytekh. Eathz tbh zecc} bey igqhzhd e cgt ga ozgxnd wmcc jhcmhqhzy jhomn tg oht gn jgezd. Yxib my

tbh we} ga yhntmlhnt end tbh lezkhtvceih iecchd _ecc Ytzhht.

M el entmimvetmno e vgyymjch jgttgl jxt et tbh yelh tmlh# M el zhed} tg ejendgn tbh jgttgl yihnezmg wmtb

e yxddhn yxytemnhd dmqh mntg wheknhyy. End tbety wb} }gx EC_E] xyh ytgvy. Ma wh ezh vzhyhntc}

lekmno e jgttgl tbhzh ybgxcd jh ng yxytemnhd wheknhyy et tbmy vgmnt. Gnh lxyt jh iezhaxc tg ngt agzih

tbhmz gvmnmgny gntg tbh lezkht.

@haa Yext "gnh ga tbh jhyt- end M beqh jhhn gxt ga y}ni zhihntc} "M wey jhezmyb end bh weynt- jxt wh ezh

mn eozhhlhnt vzhyhntc}. @haa xyxecc} cggky lgzh tg tbh cgnohz yihnezmg tben M dg end tbet iexyhy yglh

dhqmetmgny mn gxz gvmnmgny.

Tgde} @haa Yext yemd mn bmy igllhnty0

Tbh iecc agz tbmy whhk0 Mnqhytgzy wgzzmhy beqh chevhd tg chqhcy ceyt yhhn mn Ngqhljhz :662 ey tbh ytgik

lezkhty jgttglmno vzgihyy jhoen wbhn =:.1( ga ecc tbh ytgiky tzedhd gn tbh N]YH ledh nhw ennxec


ga 5: 2':9'55 1055


6/12

Ybezh tbmy0

vzmih cgwy. Jhagzh tbet# tbh Ocgjec Zmyk Evvhtmth Mndmietgz M xyh ybgwy venmi chqhcy huxec tg tbhmz

ixzzhnt zhedmno giixzzhd et tbh cgwy ga Gitgjhz :66: end Exoxyt 5=2:. Yxzvzmymnoc}# M wey eitxecc}

jxccmyb et tbgyh cgwy% Zhozhttejc}# M el ngt ey xnejeybhdc} jxccmyb bhzh; M wmyb M wey% M wgxcd#

bgwhqhz# gjyhzqh tbet wmtb tbh tzedh,whmobthd dgccez et e zhigzd cgw X.Y. tzedh ybgxcd vzgqmdh e jggyt

tg hrvgzt ozgwtb# izxdhy izeyb ybgxcd ecyg bhcv# cgw mnthzhyt zethy ezh e vcxy# tbh }mhcd ixzqhy ybevh my

ngtmihejc} ythhv "zhed0 jxccmyb-# mnetmgn my cgw# extg vzgdxitmgn my ycethd tg zelv mn tbh lgntby ebhed#

@eveny higngl} bey jgxnihd jeik# hlhzomno lezkhty hignglmi ozgwtb my vhzigcetmno# tbh mnqhntgz} tg

yechy zhymdhy et chqhcy ezgxnd tbh zhihyymgn cgwy# yxoohytmno e hignglmi cmat azgl en mnqhntgz} zhjxmcd#ievhr vzg`hity ezh vmikmno xv# tbh ocgjec ihntzec jenk mnthzhyt zeth tmobthnmno vzgihyy my wmndmno dgwn#

igzvgzeth vzgsttejmcmt} my hrihvtmgnec# end jenky'jxymnhyyhy beqh lxib cezohz ieyb jxaahzy ngw tben tbh}

beqh hqhz bed. Ecc ga tbmy cheqhy lh mn tbh NG zhihyymgn ielv end wmtb tbh jhcmha tbet yhchit ytgiky ezh

ibhev. Ma tbet qmhw my igzzhit# wh ybgxcd yhh e jgttgl tbmy whhk


JX] VGMNT 777 62'::'55

Vgythd Exoxyt ::# :655 j} JgjIethogzmhy0DEMC] XVDETH


vzgvhzc}


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Ybgzt Thzl@xc} :655 Tg Vzhyhnt

Ythv 9 Dgwn Vgyymjch Thzlmnetmgn

Ixzzhnt Eitmgn Ytetxy Jx} Ymonec Vgyymjch Yggn

Mn tbh ixzzhnt dhicmnh M ien igxnt 8 ythvy dgwn azgl Exoxyt 5?. Tbh dhicmnh azgl Exoxyt 5? my tbh ythv

9 tbet M beqh jhhn entmimvetmno. Tbh ythv 9 dhicmnh LE] beqh thzlmnethd et e dgxjch jgttgl. Yhh ibezty

jhcgw.

My tbmy tbh hnd ga ythv 9# gz my tbmy tbh hnd ga ythv 5 mn ythv 9777 M dgnt kngw tbh enywhz jxt en} zecc}

wmtb bheq} qgcxlh tbet jhomny azgl tbmy vgmnt wmcc enywhz tbh uxhytmgn mn e vgymtmqh lennhz.

E bheq} qgcxlh vzmih yxzoh et tbmy vgmnt wmcc tzmoohz e jx} vgmnt. En} jx} vgmnt LXYT jh eiiglvenmhd

j} ytgvy `xyt jhcgw tbh cgwy ga tbh de}.

Ey M wzmth tbmy et 56041 EL VDT# tbh lezkht my ogmno tbzgxob e ylecc igzzhitmgn tbet my vzgqmdmno

engtbhz jx} vgmnt agz tbh qhntxzgxy ygxc.

_gzyt ieyh yihnezmg my vzgjejc} e dhihnt zecc} tbet wmcc vzgqmdh qhz} ybgzt thzl vzgstty azgl tbmy vgmnt.


ga 5: 2':9'55 1055


7/12

Ybezh tbmy0

62,::,55 D@ MNDXYTZMECY 5 LMNXTH JEZY




Gcdhz Hntzmhy

Hlemc Yxjyizmvtmgn


ga 5: 2':9'55 1055


8/12

]gx ezh yxjyizmjhd tg tbmy jcgo "leneoh-.

Zhihnt Vgyty

JZHEKGXT JX] YMONEC 62':9'55


JX] YMONEC "eclgyt- 62':9'55Demc} Ytgik Lezkht Xvdeth 62'::'55

JX] VGMNT 777 62'::'55

Ezibmqhy

Exoxyt :655 ":9-

@xc} :655 "5?-

@xnh :655 "56-

IethogzmhyDEMC] XVDETH "9?-

HDYGN OGXCD VDA AMCHY "5-

OCGYYEZ] "5-

YHCC'JX] EITMGN XVDETH "9-

_HHKC] XVDETH "56-

Exoxyt :655

L T _ T A Y Y

@xc

5 : 9 4 8 1 ?

2 = 56 55 5: 59 54

58 51 5? 52 5= :6 :5

:: :9 :4 :8 :1 :? :2

:= 96 95

_ecc Ytzhht UxgthyTbh hyyhnih ga mnqhytlhnt leneohlhnt my tbh leneohlhnt ga zmyky# ngt tbh leneohlhnt ga zhtxzny.

_hcc,leneohd vgztagcmgy ytezt wmtb tbmy vzhihvt.

Jhn`elmn Ozebel

Tbh tmlh ga lermlxl vhyymlmyl my tbh jhyt tmlh tg jx} end tbh tmlh ga lermlxl gvtmlmyl my tbh jhyt

tmlh tg yhcc.

@gbn Thlvchtgn


ga 5: 2':9'55 1055


9/12

Jx} gn tbh ienngny#

yhcc gn tbh tzxlvhty.

Gcd Azhnib Vzgqhzj

Zxch )50 Nhqhz cgyh lgnh}.

Zxch ):0 Nhqhz agzoht zxch )5

_ezzhn Jxaahtt

Tbh agxz lgyt denohzgxy wgzdy mn mnqhytmno ezh

*Tbmy tmlh mt/y dmaahzhnt*.

@gbn Thlvchtgn

*Tbmy tmlh mt/y dmaahzhnt* wey vzhqechnt dxzmno tbh jxjjch ga 5=== tg :666

Jgj

Bmytgz} ecwe}y zhvhety# gnc} tbh dhtemcy ibenoh.

Hdygn Ogxcd

Ma }gx beqh tzgxjch mleomnmno e :6( cgyy mn tbh ytgik lezkht# }gx ybgxcdn/t jh mn ytgiky.@gbn "@eik- Jgoch

Ytgik ezh jgxobt gn hrvhitetmgny# ngt aeity.

Ohzecd Cghj

Hlgtmgny ezh }gxz wgzyt hnhl} mn tbh ytgik lezkht.

Dgn Be}y

V'H zetmg , Tbh vhzihnteoh ga mnqhytgzy whttmno tbhmz venty ey tbh lezkht khhvy izeybmno.

Engn}lgxy

Lhn# mt bey jhhn whcc yemd# tbmnk mn bhzdy; mt wmcc jh yhhn tbet tbh} og led mn bhzdy# wbmch tbh} gnc}

zhigqhz tbhmz yhnyhy ycgwc}# end gnh j} gnh.

Hrtzegzdmnez} Vgvxcez Dhcxymgny end tbh Lednhyy ga Izgwdy

Ieyhy yxib ey Txcmvglenme mn 51:4,,wbhn Txcmv jxcjy tzedhd et e bmobhz vzmih tben ogcd,,yxoohyt tbh

hrmythnih ga wbet M wgxcd dxj *Leike}/y Cew ga Leyy Eitmgn0* wbhn mt iglhy tg tbh haahit ga ygimec

jhbeqmgz gn tbh mnthccmohnih ga mndmqmdxecy# 5+5 my gathn chyy tben :# end yglhtmlhy ignymdhzejc} chyy

tben 6.

Hrtzegzdmnez} Vgvxcez Dhcxymgny end tbh Lednhyy ga Izgwdy

M ledh lgnh} j} yhccmno tgg yggn.

Jhznezd Jezxib

Ma ecc }gx beqh my e bellhz# hqhz}tbmno cggky cmkh e nemc.

Jhznezd Jezxib

Tbh lemn vxzvgyh ga tbh ytgik lezkht my tg lekh aggcy ga ey len} vhgvch ey vgyymjch.

Jhznezd Jezxib

Tbh bezdhyt vezt ga e jxcc lezkht my yte}mno gn.


ga 5: 2':9'55 1055


10/12

E jxjjch my e jxcc lezkht mn wbmib }gx dgn/t beqh e vgymtmgn.

E jx} end bgcd ytzetho} my e ybgzt thzl tzedh tbet whnt wzgno.

Gitgjhz# tbmy my gnh ga tbh vhixcmezc} denohzgxy lgntby tg yvhixceth mn ytgiky. Tbh gtbhzy ezh @xc}#

@enxez}# Yhvthljhz# Evzmc# Ngqhljhz# Le}# @xnh# Dhihljhz# Exoxyt end Ahjzxez}.

Lezk Twemn

Hignglmyty beqh vzhdmithd 54 ga tbh ceyt 9 zhihyymgny.

Lezkht Igzzhitmgn , Tbh de} eathz }gx jx} ytgiky.

Mn :662 ytgiky whzh e oggd jx} . . . . . Oggdj}h Lhzihdhy# oggdj}h }eibt# oggdj}h qeietmgn bglh.

Lezkhty ien zhlemn mzzetmgnec cgnohz tben }gx ien zhlemn ygcqhnt.

@gbn Le}nezd Kh}nhy

Lgnh} tecky# jxt ecc lmnh hqhz ye}y my *oggdj}h*

Dgn/t oeljch. Tekh ecc ga }gxz yeqmnoy end jx} yglh oggd ytgik end bgcd mt xntmc mt oghy xv# tbhn yhcc mt.Ma mt dgn/t og xv# dgn/t jx} mt.

_mcc Zgohzy

Zhtxzn ga vzmnimvec my lgzh mlvgztent tben tbh zhtxzn gn vzmnimvec.

Bgvh my }gxz wgzyt hnhl} mn tbh lezkht.

Dgn/t ietib e aeccmno knmah.

Yvhnd et cheyt ey lxib tmlh zhyhezibmno e ytgik ey }gx wgxcd ibggymno e zhazmohzetgz.

Vhthz C}nib

_bhn }gx zhecmph tbet }gx ezh zmdmno e dhed bgzyh tbh jhyt ytzetho} my tg dmylgxnt.

Ymgxr Mndmen Vzgqhzj

Dgnt hqhz lekh tbh lmytekh ga thccmno tbh lezkht mt my wzgno.

@elhy Dmnhy

_ecc Ytzhht nhqhz ibenohy# tbh vgikhty ibenoh# tbh yxikhzy ibenoh# tbh ytgiky ibenoh# jxt _ecc Ytzhht

nhqhz ibenohy# jhiexyh bxlen netxzh nhqhz ibenohy.

@hyyh Cmqhzlgzh

Cht _ecc Ytzhht beqh e nmobtlezh end tbh wbgch igxntz} bey tg bhcv oht tbhl jeik mn jhd eoemn

_mcc Zgohzy

Jxccy lekhy lgnh}# jhezy lekhy lgnh}# vmoy oht ycexobthzhd.

L} Ozendaetbhz

Nhqhz jx} e ytgik tbet wgn/t og xv mn e jxcc lezkht. Nhqhz yhcc e ytgik tbet wgn/t og dgwn mn e jhez

lezkht.


ga 5: 2':9'55 1055


11/12

_ecc Ytzhht my e ytzhht wmtb e zmqhz et gnh hnd end e ozeqh}ezd et tbh gtbhz.

Nhqhz ibhik ytgik vzmihy gn e Azmde}# mt igxcd yvgmc }gxz whhkhnd.

Ngjgd} my lgzh jhezmyb tben e ygcd,gxt jxcc.

Tbh vxjcmi my zmobt dxzmno tbh tzhndy jxt wzgno et jgtb hndy.

Bxlvbzh} Nhmcc

Tbgyh wbg ien# dg.

Tbgyh wbg ient# theib.

Tbgyh wbg ient theib# wgzk agz tbh ogqhznlhnt.

Nhqhz yhcc e dxcc lezkht ybgzt.

M yhcc hxvbgzme end jx} venmi. Tbh we} bh dhthzlmnhy tbet my tg wemt xntmc vzmihy ytezt oevvmno mn tbh

ibezty. Oevvmno gn tbh xvymdh my hxvbgzme# wbmch oevvmno gn tbh dgwnymdh my venmi.

@mll} Zgohzy ! @haa Yext

*Ixt }gxz cgyyhy end cht }gxz vzgstty zxn.*

Ejgxt Tbmy Jcgo

Gjyhzqetmgny ga Ytgik Lezkht Tzhndy xyhy yhqhzec vzgvzmhtez} thibnmiec mndmietgzy dmyigqhzhd j} tbh

extbgz. Tbh gj`hit ga tbmy jcgo my tg ngtma} }gx "vzhahzejc} mn edqenih- ga tbh mlvgztent tgvy end jgttgly

mn tbh ytgik lezkht. _h kngw tbet/y mlvgyymjch# jxt nhqhztbhchyy# mt/y jhmno dgnh mn tbmy jcgo. _mtb 88

}hezy ga hrvhzmhnih tzedmno mn tbh lezkht# M beqh cheznhd wbhn tg jezk end wbhn tg jh uxmht.

Tbh whhkc} gqhzqmhw ga *Gjyhzqetmgny ga Ytgik Lezkht Tzhndy* my vxjcmybhd heib whhkhnd. E demc}

xvdeth my cmkhc} wbhn M beqh yglhtbmno tg ye} gz wh ezh nhez e ytgik lezkht mnhitmgn vgmnt.

Ma }gx stnd tbh jcgo mnthzhytmno# vcheyh jhiglh e agccgwhz j} hnthzmno }gxz hlemc eddzhyy mn tbh yhitmgn

*Hlemc Yxjyizmvtmgn* "tgv ga tbmy igcxln-. ]gx lxyt ecyg ignstzl }gxz hlemc yxjyizmvtmgn j} icmikmno gn

e cmnk mn tbh ignstzletmgn hlemc# gtbhzwmyh }gx emn/t yxjyizmjhd.

Dmyicgyxzh

Tbh ignthnt gn tbmy jcgo my lhent tg jh hnthztemnmno mnagzletmgn end ybgxcd ngt jh ignytzxhd ey

mnqhytlhnt edqmih.

Ng ytethlhnt j} tbh jcgo/y extbgz ybgxcd jh mnthzvzhthd ey e zhigllhndetmgn tg jx} gz yhcc en} yhixzmt}#

stnenimec mnytzxlhnt# gz tg veztmimveth mn e tzedmno gz mnqhytlhnt ytzetho}.

En} mnqhytlhnt dhimymgn j} en}gnh gtbhz tben tbh jcgo/y extbgz tbet zhyxcty mn cgyyhy gz oemny jeyhd gn

mnagzletmgn azgl tbmy jcgo my ngt tbh zhyvgnymjmcmt} ga tbh jcgo/y extbgz.

Tbh jcgo/y extbgz wmcc lekh ytethlhnty ejgxt ihztemn mnqhytlhnt qhbmichy end ytzethomhy# jxt Mt/y ymlvc}

tbh extbgz hrvzhyymno bmy gvmnmgn# gz eitmgn# zhoezdmno bmy gwn mnqhytlhnty. Tbhyh gvmnmgny ezh nhqhz tg

jh ignytzxhd ey mnqhytlhnt edqmih.


ga 5: 2':9'55 1055


12/12

Ejgxt Lh

_mtb 88 }hezy ga ytxd}mno end mnqhytmno mn tbh ytgik lezkht# M el ybezmno tbhyh hrvhzmhnihy end

kngwchdoh j} wzmtmno e ytgik lezkht jcgo. Tbmy jcgo zhcmhy gn yhqhzec xnmuxh end vzgvzmhtez} mndmietgzy.

M/l ngt mnaeccmjch beqmno ledh yglh qhz} jed teitmiec lmytekhy jxt ecyg M beqh jhhn igzzhit et yglh ga

tbh jmoohyt lezkht txzny mn tbh ceyt 98 }hezy. M wey ybgzt agz lgyt ga 5=?4 end zhqhzyhd igxzyh end

jhielh e jx}hz dxzmno tbh whhk jhagzh Ibzmytley 5=?4. M wey ecyg ybgzt agz lgyt ga tbh stzyt beca ga

5=2: jxt jhielh e jx}hz gn Exoxyt 4# 5=2:# stqh de}y jhagzh tbh Exoxyt =# 5=2: jceyt gaa gn tbh jxcc

zxn ga tbh 26y end =6y. Mn 5=== M jhoen tgccmno tbh jhcc gn tbh ytgik lezkht kngwmno tbet tbh hnd wey

nhez. Gnh len wey zhyvgnymjch agz l} hdxietmgn# Hdygn Ogxcd# tbh ozhethyt thibnmimen tbet hqhz cmqhd.

Eathz zhedmno len} ga tbh jggky gn ytgik lezkht thibnmiec enec}ymy# M agxnd tbet ecc ga tbhyh lhtbgdy

bed bmob aemcxzh zethy. M yhezibhd agz e agzlxce tbet wgzkhd ignymythntc} end mn 5=?9 M yxjyizmjhd tg

Hdygn Ogxcd/y *Amndmnoy ! Agzhieyty*. Bhzh M ytzxik ogcd wmtb tbh leythz thibnmimen ga tbh :6tb ihntxz}.

Hrthndmno bmy lhtbgdy M dmyigqhzhd yhqhzec vzgvzmhtez} mndmietgzy tbet M xyh tgde}.

Ma }gx stnd l} gjyhzqetmgny ga mnthzhyt vcheyh edd }gxz hlemc eddzhyy tg tbh yhitmgn# *Hlemc

Yxjyizmvtmgn*.

Yvel Jcgikhd

56yvel igllhnty

Jcgo et _gzdVzhyy.igl. Tbhlh0 Yevvbmzh j} Lmibehc Leztmnh.


stock market trends & observations 08/23/11

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