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20060118 Nikkei 225 Stock Average, the last 2 day plunge. Is this smething new? Something disastrous? The end of the world? As it stands, we see this all the time in specific stock charts. For example on Bursamalaysia names that come to mind include Liqua, Tanamas, Gensoil, Ho Wah Genting, Abric, go way back the 2nd Board companies like Posim, Repco, Hwa Tai, etc etc the list goes on and on. Right now there is one such pattern on a stock starting with F, which has a very bullish broker call on it at the moment. The bottom line is when large funds (or syndicates) push up the stock, they create excitement and pandemonium and prey on human greed, and when they liquidate the positions, the unsuspecting small investor/trader often gets burnt. The Nikkei 225 plunge is no different, a chart is a chart, only this one is a much bigger scale.
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