Tuesday 27 January 2009

Bouncing

Things come alive. As there are: financials, some commodities but also big infrastructure companies. There is Obama and also China and India will not abandon the path of growth completely.
In the US means the infrastructure renaissance big business for the government. And the biggies will profit from this. We think that companies as Fluor (ticker: FLR), United Technologies (ticker: UTX), Siemens (ticker: SIE), Caterpillar (ticker: CAT), Veolia (ticker: VE) en Jacobs Engineering will be in the driving seat.

We observe that ABB is breaking out on our renko charts.
The CCI passed the -100 mark and is rising and also the SAR flipped under the price action

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