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Wednesday 20 January 2010

Picks for Jan 21, 2010

After posted bad news on PGAS, it fell down this morning, and proven that who did my plan gains right? As I said to sell on strength, as it moved up to 3850, which eventually declined to 3725.

ELSA can be purchased in few days to go, as it declined & almost touched the lower bollinger bands. The Buy Point & etc is still the same as yesterday.

INTP, as I told not to buy first as we must wait until it's going to the lower band.

PTBA has the same rating as yesterday's one.
As the schedule of the coal rider train is shortened due to accidents, then it might increase the coal's price as the scarcity happens. Still the same, wait & buy at bottom.

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