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Old 07-05-2009, 09:04 AM   #31
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Originally Posted by gazza View Post
Rubbish Tropo. People also come to sites like this to learn from people like yourself who are experienced investors.
Learning requires a bit of work and effort.
It seems that some people are just too lazy to do a homework and try to find an answer to trivial problems by themselves.
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Old 07-05-2009, 10:35 AM   #32
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Learning requires a bit of work and effort.
It seems that some people are just too lazy to do a homework and try to find an answer to trivial problems by themselves.
Don't forget that part of the problem when first starting is that you generally don't know what you don't know, so actually finding an answer may not be as easy as it is for someone with more experience in that area.
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This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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Old 07-05-2009, 11:21 AM   #33
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Tropo
Back on Topic.
Do you consider this a dead cat bounce or is it now full steam ahead with a few minor retracements along the way.
Regards

Denis
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Old 07-05-2009, 11:24 AM   #34
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Don't forget that part of the problem when first starting is that you generally don't know what you don't know, so actually finding an answer may not be as easy as it is for someone with more experience in that area.
Sure ... but this apply to completely ‘green’ individuals – not to those with some degree of knowledge and experience.
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Old 07-05-2009, 02:31 PM   #35
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Tropo
Back on Topic.
Do you consider this a dead cat bounce or is it now full steam ahead with a few minor retracements along the way.
Regards

Denis
Denis,
I must admit that I am a bit surprised with a length of a current run, which is not sustainable IMHO but may continue for some time.
Nothing goes up or down in straight lines, so how painful pull back may be is anybody’s guess.
It is too early for any sensible conclusion about future market's movement right now.
Big caution is required if you consider entering the market. Just make sure that you do have an exit strategy in place when music stops.
Watch US market after stress test announcement on 7-th of May...
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Old 09-05-2009, 09:50 PM   #36
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Well Mr Market has spoken - and he seems to be over the bad news.
9% unemployment in the USA and the DOW goes up another 165 points. Monday should be a pretty good day.
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Old 11-05-2009, 08:41 PM   #37
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DOW
Levels for DOW: 6249, 6540, 7034, 8055, 8599, 9090/94, 9630, 10085...
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Old 28-05-2009, 06:37 AM   #38
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Levels for DOW: 6249, 6540, 7034, 8055, 8599, 9090/94, 9630, 10085...
DOW = Important support at 8190.
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Old 01-06-2009, 09:35 PM   #39
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8600 is resistance and 9000 is the next barrier after that.
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Old 01-06-2009, 09:47 PM   #40
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8600 is resistance and 9000 is the next barrier after that.
I've got 9090/94 but 9000 is a psychological barrier not technical (IMHO).
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