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ABB Ltd. Message Board

  • carolyn_novice carolyn_novice Dec 26, 2013 11:05 PM Flag

    Ketchup to Catch-up ABB @ 26.28

    Swiss and Germany markets were close on Tuesday, Wednesday and Thursday;
    Christmas (Dec 22- Dec 26).

    Tuesday, December 23, 2013
    ABBN.VX (Swiss ABB) closed…… 23.19
    52 Week High…..23.48……………it needs………….1.25%.........or 0.29 points

    ^SSMI (Swiss Index) closed……… 8,107.10
    52 Week High…..4411.30…………it needs………….3.75%.........or 304.20 points

    While major Europeans market started early Christmas and took another day after Christmas to celebrate, The Japanese and US markets mad 52 Week New High

    Tomorrow morning Swiss market will open 6.50 hours before US market (3:30am). On account of Index trading, and investors returning to trading, we should see competitive ABB World wide Price and Volume and Volatility.

    Europeans have been drinking, and eating French fries with Ketchup, It is time for ABB Volume and price Catch-up.

    My observation, psychological behavior after three days of celebration, ABB stockholders celebration can’t be far.

    Low volume is US and lack luster trading, is by Mutual Fund managers to get a good yearend bonus, which is tied to performance of their stocks.

    Please check ABBN.VX when you get up, and by 6:30am US bid and offer on ABB, US premarket will give you better clue.

    Sincerely,

    Carolyn Novice

    Sentiment: Strong Buy

 
ABB
21.29-0.58(-2.65%)Jun 29 4:03 PMEDT