ITV

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ITV - meets criteria. Price has been unusually rangy recently and beneath usual price range for last week.  At this stage though I do need to consider the macro climate - there is selling fever currently so certainly no guarantee that any share will rally to even its usual lowest levels.  Need to pay attention to news over the weekend in respect of the G7 meeting and other financial news items.  It closed at 37 but that was high on the day - had been trading 35/6.  If bought would need to be at that level.  A penny at this level realises my requirement!  Trades will move in quarters.  Buy pressure in the queue.  It should trend up at the beginning of the day but that is above my buying level - also those early pressures may be ironed out in the morning auction.  Look to buy up to 36 subject to buy and sell dynamics.

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This page contains a single entry by Stuart published on October 11, 2008 6:34 PM.

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