Asian stocks are set for a correction? as a two-month rally drives valuations higher than justified by a recovery in company earnings, according to Citigroup. http://stock-market-news.net/content/view/20/
All these stocks have to get to 5 to be eligible for many funds to buy them Thats the magic number. So 1 may come and go but thats the glass ceiling. I see 5 coming but it will be a fight to get there. I think you trade the momentum on this one between 4 -5 it should give you some wild swings. The specialists are making a killing down here and with a conversion looming it could go south any minute. This is a ice beach day with sharks in the water. Be cautious just dip your toe in.