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radhika_nandlal
hi!!!!
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05 Sep 2008 09:59
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05 Sep 2008 09:54
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05 Sep 2008 09:53
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05 Sep 2008 09:52
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05 Sep 2008 09:51
Jagdish, Lets talk about the banking sect
Banking & Financial Services - Sector
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radhika_nandlal View full thread (9 messages)
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05 Sep 2008 09:48
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yes such a fall was not indicated techincally speaking at least... they might recover all the lost ground today as ystday was not technically right.... nor economic reports that came in should have caused the fall... today they might regain lost ground if efficient market theory holds water. LOL.. Lets see.. after the shock ystdsay we feel like throwing TA to the bin....
05 Sep 2008 09:40
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Guess what??, the DOW TRIN is overbought at 0.2 when they sold off so much... THIS IS VERY VERY BULLISH... dow was bought in the sell off....I am at least 50% SURE THEY WILL RALLY TODAY..i dont want to say 100% coz i dont know why it should have fallen so much in the first place ystday... some hedge fund must have done basket selling due to european banks leaving interest rates unchanged maybe??... we will know shortly... definitely not technicals or the economic reports that came in ystday caused the fall..if anything the economic reports were not bad at all....
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