New Down-Trend ?
The Nanotech Industry is not doing so good lately.
The Index seems to continue its move downward and probably creating a new midterm trend.
For the really short term there should be some opportunities, but first lets wait for the Monday and Tuesday session, so we can confirm the new upswing cycle in this downtrend move.
In the next days I will try to find some interesting charts on individual companies. But remember that the charts still look quite Bearish for those nano-companies.
Some good readings at Responsible Nanotechnology Blog, and remember this is no nano-hype stuff: Nanoscale engineering
2 Comments:
I have written about the nanotech liquidity problem and the use of SPAC's ... special purpose acquisition companies ... to alleviate part of the nanotechnology liquidity problem. I have three articles on NanoInvestorNews and on my own site...www.nanooclarity.com. Use of SPAC's would put public money chasing nanotechnology companies and not only involve more of the public in nanotech progress but also raise the general level of interest in nanotech stocks.
alan shalleck
president
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www.nanoclarity.com
alan@nanoclarity.com
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