by Ramki | Nov 6, 2008 | US Stocks outlook
I hope you took profits on Citi above $14.50, locking in a 25% gain. I suspect that the current decline will be the final push, the catharsis! (Here is your chance to click on this word and check its meaning!). Unlike the previous trade, we should aim to hold the...
by Ramki | Nov 3, 2008 | US Stocks outlook
Some of you must have bought Citi when it was trading below $12. (see my post Let’s join the “Rescue Citi” effort! ) Sure I am looking for this stock to double in the medium term. But if you are like most traders who want to pocket some quick money, then be ready to...
by Ramki | Oct 29, 2008 | US Stocks outlook
I’m keeping this brief as wife is waiting at the door. Citi has already moved up by 14% since we bought it below $11.80. Don’t be dismayed if it comes down today. This is supposed to be a medium-term position, right? However, if we get a handsome profit this week, I...
by Ramki | Oct 27, 2008 | US Stocks outlook
This is going to be brief, folks. A safe sell level over the next two trading sessions will be at 95.55 with a stop at 96.85. Further out there is some more resistance at 97.11, but at present even a move to 96.55 looks remote. Be patient. Remember we only want...
by Ramki | Oct 23, 2008 | GBP
This is a brief update. I acknowledge it is silly to project the pattern that the market will trace. If I were to do some wishful thinking, then it will be an ending diagonal triangle like what is shown on the chart. Take care. Ramki
