Mcdowell-n

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  #1  
Old 28th September 2006, 09:13 PM
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ping_manoj is on a distinguished road
Default Mcdowell-n



Hello friends,

Any suggessions on MCDOWELL-N?
Its corrected some 15% in the last 10 odd days.
Looks like 590 is a good level to buy.

Suggessions solicited please.

Regards

MANOJ

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  #2  
Old 28th September 2006, 10:05 PM
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kuldeep49 is on a distinguished road
Default Re: Mcdowell-n

Quote:
Originally Posted by ping_manoj View Post
Hello friends,

Any suggessions on MCDOWELL-N?
Its corrected some 15% in the last 10 odd days.
Looks like 590 is a good level to buy.

Suggessions solicited please.

Regards

MANOJ
Manoj,
It broke its trend on 19th and till one gets a signal that this long pullback is over, doesn't look like a buying candidate. In fact if you look at TRIX and ADX, it looks like a shorting candidate.
Rgds
Kuldeep

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  #3  
Old 28th September 2006, 10:28 PM
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kenneth is on a distinguished road
Default Re: Mcdowell-n

Manoj

It can slide to 596-586-559

Regards
Ken

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