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meo chart - 3wrongs guesses and you are out, page-16

  1. ronstieb
    9,302 Posts.
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    29/07/10
    15:55
    Post #: 6958871

    Iam wrote
    2 We have a headache but are now back over your resistance line (plank) and are testing it from above. This is probably due to improved global markets but will be tested Thursday if the DOW falls o/night. If it does fall with the DOW then the beta value theory is probably right - but then most stocks move with the global markets to a degree.

    General risk appetite is foremost in my mind
    Wrt US data
    :Initial and continuing jobs claims out tonight.
    :GDP and Chicago PMI Friday night
    :NFP next Friday

    MEO Price at posting: 33.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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