Monday, June 30, 2008

Market condition 30Jun2008

- We are still waiting for large entities / investment funds to enter the market.
- Prices are very appealing.
- We are still in an UPTREND.
- We would NOT want to penetrate the 9800 point on CASE30 that would lead to panic, hence sharper decline within the market prices.
- June29th, some funds entered the market picking up some stocks @ critical support points.
- If this was an artificial support as usual, then it will fail today.
- Many are expecting to have good market conditions after the July 1st day off.
- Many who has left the market earlier will NOT re-enter the market unless penetrated the 11, 124 !
- Bellow the above level, all will be swing trading and NOT holding for nay reason, thus give the market real harsh days.
- We should all carefully monitor our stop loss points.

Wednesday, June 04, 2008

SKPC 04Jun2008 Sidi Kreir Petrochemicals Company



- Sidi Kreir security.
- Too many buy signals.
- Candles shortenning JUST bellow 21.98LE
- I would buy in the current level, stop loss @ 21.50LE
- Company working in the chemical field.
- Too many rumers, the main is that a brokerage company is dominating the security (fools).
- I expect a penetration to 22LE is coming soon isa.
- After penetration the road is OPEN.

EPCO 04Jun2008



- The last signal generated for this security was a buy @ 31LE and 34LE
- The security shows strong behavior in market declines.
- The security is expecting another buy signal once penetrated the previous high (41LE)
- I am expecting to see 47.20LE in the near future under a good market condition.