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NEW YORK - Wall Street moved higher Wednesday after the Commerce Department reported an unexpected increase in retail sales last month and eased some concerns about consumers' willingness to spend despite economic uncertainty.
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Stock to watch today - Wednesday
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Wednesday, 08 October 2008
Watch List for  10-8-2008
Update on MONA.
Back in early Sept I did an alert on MONA when it was near the end of its huge rally.  Since then MONA has slowly come down to a level where it may rally big again.
Will MONA hit $5?  Probably not.  Will MONA cure cancer, definitely not. 
Can MONA double or triple from these levels?  Very possible!!!

Check out this chart to see what I'm taking about: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mona&sid=0&o_symb=mona&freq=1&time=5

The volume is starting to pick up again which can indicate something is brewing.  MONA announced huge news today about a 20 cent cash dividend for shareholders who continuously held the stock since Sept 2005.

Add MONA back to your watch list, if it runs it could be fast.  Do your own research.  I will send more information on MONA tonight.

 

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