BSE: Kaolin Senovo (KAO)

Interesting development in Kaolin (KAO) Uptrend is broken and 50% retracement as well which used to be strong support. We think that it's rather false break and sooner than later KAO will be back on track as fundamentals remain sound.

BSE: MONBAT under pressure

Most bulgarian blue chips are under severe selling pressure this Monday and Monbat is no exception.
Support near 24 BGN .

Credit Crunch Explained - Very Funny

http://www.youtube.com/watch?v=SJ_qK4g6ntM

VISA IPO

We see VISA IPO very interesting and we plan to participate in it one way or another. Here is Mastercard Inc. (MA) performance since its lunch in 2006 astonishing >400% to date. As we believe VISA is the stronger brand interest gonna be sky high.

BSE: CHIMIMPORT

CHIMIMPORT (CHIM): Heavy institutional selling for the last couple days push this blue chip close to UPTREND support @14.70 area. We think market will calm down at support level and may try to bottom out .

Charts of interest

We see good chance Emerging markets stocks to see 15-20% correction in coming weeks as Bearish Head and Shoulders pattern is developing in MSCI EM index and our initial target is 125 area






Eurohold (EUBG) testing support of uptrend channel 7.60 level but i think we gonna see more weakness and my targets are 7 BGN and strong support around 6.25 BGN. We think best strategy at the moment to stay sideways.


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