Market Jitters & Political Critters
Today is Thursday, August 21st, 2008
Stephen Oakes is an experienced financial titan from New York who brings Wall Street to Main Street. Over the past 11 years, he has developed and tested the renown, Oakes Momentum System, which uses a unique constellation of technical indicators to find timely buy and sell points. He holds an M.B.A. in the United States (New York) and has studied internationally at the Reims School of Management in France.
Yet another long-term breakout play. I circled the two buying signals for the MACD and DMI indicators. The DMI has been very strong over the past four years and has yet to turn negative.
Our recommendation: Buy shares of ENB at or near $38.29. Place your stop loss below major support at $34.
Good Investing…
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