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waywardlad - Sat, 17 Dec 05 :

cheers papa. The reason I asked is there is much talk about a golden cross which is not a true one. However, what happened 7 months ago seems to have too much bearing on the trend of recent times. It was the profit warning on April 13 that caused the sudden drop, and the trend in my opinion should begin from there. So perhaps a shorter long term sma (150?) or a wma would be more suitable and we would have our true golden cross.

After seeing that double bottom a stiff rise is now on the cards ;-)


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