Monday, April 14, 2008

CASE30 14Apr 2008



- The CASE is STILL BULLISH.
- Still in an UPTREND in ALL levels (short, medium and long).
- Short term up-trend is weakening.
- The index has to confirm the stressed so called Egyptian economy strength and get to higher levels (12000) within the coming 3 days.
- I would SELL the index if confirmed a close bellow 11400, so I am critical now.
- This does NOT mean I would NOT bye in the nearest rebound.
- I would be just making sure I am taking advantage of the swing.
- I am NOT expecting anything, nor know anything.

-ORTE is ready to take the CASE to good levels, the questions is: Are the BULLS ready?

We will wait and see.

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