Monday, April 27, 2009

Apr 13 - Apr 24: Portfolio +7.17%
The bulls seem to be dominating the tug of war in the last couple of weeks. Their behaviour can be shown by the fact that the Phisix now refuse to go below 2000. This is an indication that a lot of people are now holding on to their positions. The Phisix breached 2100 last Friday with another bullish hammer pattern which reflects that the market still wants to go up and hopefully continue the rally until 2400.

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