13 August 2009 – Holding

Fri, Aug 14, 2009

US Commentary

Not a great deal to add here. Gains are holding once again. Price is more or less moving sideways which under the circumstances of an over stretched market is a very positive sign. We would like to see the market rest for a week or so so gather energy for the next leg higher. I have added a few momentum plays for today so we’ll keep a look out for more if this broader market coiling continues.

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Nick Radge - who has written 898 posts on The Chartist.


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