I just opened my account with TK last week and still waiting for my ach to go through. That being the case, the only thing I can do now is paper trade leaving me with an itchy buy finger (not a good thing).
Here as of late I have been watching a stock called Electro Energy (EEEI), in short they make batteries. When I first market it as a buy it was at $.10, that same day it hit $.20 a share, next day it hit 25, after that 30. During this time I had noticed a cylce, it would close high and open lower then the day before. If the cycle had continued today it should have came close to %.35, it didn't. What it did do was open low at $.26 and fall to $.23. So what happened?
Capital hill...for hours today there was a meeting between the Fed chairman Bernanke and the SBC. The out come of the meeting didn't seem favorable, or at least as far as I could tell. The result, a big drop in stock prices. As for little EEEI, it just went flat and didn't move much at all.
Honestly, I think EEEI will take a small hit tomorrow and drop down to 15. But I will have to wait and see.





