Sunday, 3 July 2011

TEM

the triple top setup is under threat...the Gann rule is fast moves come off triples but if the market turns back for a 4th attempt it usually works.I would rather buy this than the S&P but am cautious given the looming slowdown in China.Longer-term though emerging markets will outperform and western investors will continue to shift weightings toward these markets (see Robin Griffiths interview eg).

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