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Tuesday, February 5, 2008

Double Bottoms

2 comments:

Tommy said...

Re Maybulk, I told you guys about this on 4/Feb/2008 and explained to you about the TA of its change of trend. Had anyone of us planned a careful trade for this counter on 6-7/Feb/008, I think at least a profit of 0.35 (4.25 - 3.90) would have been taken today already. *&^%$

Tommy said...

A hammer was formed on 22/Feb and supported by EMA20. This could mean its pull-back has been completed. Very potential to continue its uptrend next week.

Words borrowed from Dr. Alexander Elder:

Trading is so exciting that it often makes amateurs feel high ...Nobody can get high and make money at the same time.

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