On my radar screen this morning ; the chart of Citigroup Inc. (C)Keeping an eye on the situation in Dubai ; Dubai's index lost 7%, while Abu Dhabi's index lost 8%. Not easy to make sense of the news coming out of that region ; between the constant lies, BS ......
Like I said in an earlier post ; too bad there is no "global cop" out there trying to figure out what is really going on .....
They probably never heard the word "due diligence" .. (maybe on paper, but not in reality).
Anyways ; back to Citi ;
1) Watch the support level
2) Watch the volume action
3) Watch the news !!!
Gut feeling ? Price could spike below support ad reverse up .....
0 comments:
Post a Comment