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Sunday, November 16, 2008

Stocks with Bottoming Signals?

Did you notice some stocks with bottoming signals?

Some brokers were reporting the same stocks with bottoming signals the past 2 weeks. Is it a sign that STI is bottoming out too?

Beware that such chart patterns can fail. Beware of those reports which have business interest?

Now STI might be trying to test the last low of 1474. Will it form a double bottom or will the last bottom be broken?

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