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Community


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Online Share Trading

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sponono
Super Contributor
The support of R165 has held since October 08. If it gives in we are in serious trouble. The RSI is not giving any indication of a reversal soon.
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22 REPLIES 22
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and one big Head and sholder
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Next support?
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Stifler
Contributor
Did it not close at 162.50 on 02/10/2009 - why did it shoot up the day thereafter to 170 at close?
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sponono
Super Contributor
Stifler: Trading is not about WHY it's about WHAT. Reasons are not important, market actions are.
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Stifler
Contributor
Sponono that comment is just useless
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Galuc
Super Contributor
I think the initial drop was due to the weak platinum price and the frenzy was due to stop losses kicking in, by tuesday it will be back to 175, I hope!
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Not after the bad news out of the US.
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What bad news? GE numbers were good
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Aapstert
Occasional Contributor
Bank of America
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Thanks, Think its going be a tough day
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SimonPB
Valued Contributor
not at all .. for a trader it's the only real worth while comment on this thread .. why matters zip .. what you do is what matters ..
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Russ
Super Contributor
Simon,wasn't imp your stock pick of the day a few days ago on summit?Was that a long term view?
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SimonPB
Valued Contributor
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Russ
Super Contributor
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What price would be a good long term entry? still above R 177 ?
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