Tuesday, March 27, 2007

Down...And Then Back Up

The market did not respond to the Housing Data well and had the wind knocked out of it. It was a 14pt drop (not at one go) from the point the news came out to the lows of the session. That blip pushed PRICE into PRIME Territory, on the TREND Chart & with a PRIME PPF of Support (1433.75) at 1434.25 at 11.04pm (Singapore Time), on the Trading Chart, and with the TREND Chart pointing up, it was a

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