Update on pick of the week for Wk 35

So we're hit with that dreaded news. 

I mentioned that one news that can bring us down hard is "Bernanke saying that QE tapering will start pronto."

The FED meeting minutes is not saying that QE tapering will start pronto, but investors are reacting like it will...or more specifically, consensus now is "by September." 

So short term, we'll have to bear this hit. 

And we have to revise our picks to favor high-dividend paying securities that are now bargains today. Convert to cash and monitor TEL, GLO, and the bunch. If the prices start to become stable, bet!

Like months ago, my entry (starting) price in TEL is 2830, average down until 2700. For GLO, 1400.

But best to skim through, research, check previous charts, and evident supports, and choose also 'bargain pets' on your own.

Game on!