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From: Asiachart Breakout Alert <barton@xxxxxxx>
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Subject: Dow 11,400; funds confirm Asia rally

Asiachart Breakout Alert - http://www.asiachart.com

7th January:

Dear Listmembers,

The Dow looks like it's heading for just under 11,400. There's a nice
chart showing a reverse head and shoulders with good volume at:

http://www.asiachart.com/gbreport701am.html

The same file shows two Thai banking stocks Siam Commercial Bangk and Bank
of Ayutthaya. Both are stuck under long term resistances.

FUNDS CONFIRM ASIAN INDEX STRENGTH

Check out some of the latest fund charts. The fund charts confirm the
strength of the Asian indices. There are fund charts for the following
countries, as at yesterday, 6th Jan:

Hongkong: long term resistance operating - might break today (Charts 1 and
2)

Thailand: breakout yesterday confirming 20% upside and long term
resistance breakout (Charts 3 and 4)

Indonesia: reverse head and shoulders pointing up about 35%. Not broken as
at 6th Jan. But it might have broken today. (Chart 5)

Japan: more than half way to target: looks like a good fund. It hasn't
fallen much despite the index's recent fall. Could be the yen appreciation.

Korea: more upside expected as double bottom target beckons.

Philippines: nice new reverse head and shoulders points higher. Should
break out today, 7th Jan. Looks good.]

Singapore: long term double bottom should break out today, 7th Jan.

That's all for today.

Questions? Something not clear? Email me at gregory@xxxxxxxxxxxxx


Regards,

http://www.asiachart.com/gbreport701fund.html

gb


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