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THE CHARTISTS - Tue, 20 Dec 05 :

Scotswahea

I'm not suggesting it's a short.

I am suggesting it is not a buy at this level.

I am off the opinion that it will come off much further.

The time to buy is when the signal of this correction is concluded - if you want them that is.

Give you an example.

MTL enjoyed a fantastic run up recently but is coming off sharply. The upwards pointing flag preceeding the change of trend was a classic sell signal. Guessing is where the poorhouse leads.

Eddie Chavscum


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