Monsanto Company (NYSE: MON) On A Five Year Roll Says Market Timer Frank Kollar
January 15, 2008 (FinancialWire) (By Frank Kollar)
Shares of Monsanto Company (NYSE: MON) have rallied, almost non-stop, since early 2003. A five-year advance. Through market declines and market rallies, Monsanto continues higher.
Of course every rally has its limits and Monsanto is no different. But we trade trends here at Fibtimer, and so far this trend is solid. Could 2008 be another record year for Monsanto? It could and we would still buy this stock at current prices but would place a 10% trailing stop.
The Fibtimer.com (http://www.fibtimer.com) Stock Timing Strategy has a position in Monsanto.
Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.
Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.
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for informational purposes and is not a solicitation, or an offer to buy or sell
any security. Opinions are based on historical research and data believed reliable,
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