Hidden inside every chart is a story. A story about where the price has been and where it might go in the future. Some stories are obvious. Others are a little more difficult to figure out.
Sunday, January 27, 2008
Taking Cue from Wall Street
Profit taking may cap gains in the near term, capping the market's upside. Investors are likely to continue taking their cue from movements on Wall Street in the near term. On downside, expects firm support at 1380 (100-day moving average).