Wednesday, January 9, 2008

MDR - Macdermott Intl. INC - FollowUp

I put possible break out of MDR above 61-62 limit. I did but couldn't hold on it and got sold off in year beginning sale off. Today it has created a long legged doji and i will see tomorrow if i can long position for short term or not.

It might give us short term uptrend as overall maket turned little positive after afternoon. It that postivieness carries over, this might provide little oppertunity.

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