BLV blossomvale holdings ltd
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broker report, page-10

  1. Anton Chigurh
    13,097 Posts.
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    24/09/09
    20:07
    Post #: 5690901
    At a minimum, I'd want to see a trend change in the USD before contemplating any correction being imminent and NMS being in danger.

    I think the USD index will test support at 74c, which will coincide with a top in our market in November some time. From there, it (could) get dangerous. Maybe.

    At the moment, it's just churning and NMS is pulling back after a BIG run up.

    We'll know soon enough but i'm still looking to buy on weakness and in the meantime REITs are more than enough to play with!
    NMS Price at posting: 33.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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