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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Nortel Watch

Our Nortel watch feature is akin to watching an NHL oldtimers game. It may bring back memories but its not the big show. A superstar oldtimer still attracts crowd but you don't see teams offering them contracts. If you were a team owner what kind of players would you want on your team?

We like gold, silver, copper, , uranium, oil/gas, and the sexiest investment of all, lead.

From a technical analysis standpoint it would pay to stand aside and see if Nortel can break through the red downtrend line. If support breaks, I wouldn't be a hero. Don't try to rehabilitate Nortel by lavishing money on it. Trade it to another team.



Nortel


Not Advice