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20 July 2006

 
20 Jul 06

Mediaring - added positions at 0.34, BTW just saw that CLSA had a tg of 0.40

Other long orders queued 1 to 3 bids above yesterday's close - not filled, do not want to chase too hard. Bear in mind, this is not a tradable bounce. Better wait for many bottom formations to appear and break out with heavy volume before buying.

STI - A bear rally? close to strong resistance at 2400.

US indices - A bear rally? close to resistances.

Comments:
24 Jul 06

Mediaring - cut half at 0.33

Ausgroup - Cut remaining position at 0.28

HK Land - Bot at 3.82, db nl 3.82 breakout, tg 4.20

FerroChina - Bot at 0.81, db nl 0.81 breakout, tg 1.00
 
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