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Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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Ascending Triangle

Ascending Triangle - An ascending triangle is a chart that is in a triangle pattern that is used for technical analysis and where the lower level continues to increase over a period of time, yet the top level stays relatively the same, also known as flat, simulating a resistance level. When the security's prices crash through the resistance level, it is a good indicator that it is a great time to buy, or to sit on selling the security, as the traders believe the security will still increase in value. The opposite happens on a descending triangle.

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Definition of the Day George Soros

Definition: George Soros is one of the top investors of the last couple decades.  He is largely known for his bet against the British pound, which resulted in a one-day profit of $1 billion. Advice: George Soros managed the Quantum Fund, a wildly-successful hedge fund, for nearly 30 years.  He rose...

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