NAB 9th MAY 2008

NAB Daily charts

Expectation NAB is on it's way to 33.90....

Last week partial exit NAB @ 30.70 from $27.85

As per last Weekly Report:- ReBUY NAB @ $30.50 on any pullback, and partial exit today @ 32.55, leaving open rest into $33.90

BHP:- bummer on BHP because the MAY 50% level was my next BUY zone to re-enter BHP before it gets to $47.00, as part of the Quarterly UPswing.

Once BHP hits $47.00 in this Quarter, I won't trade LONGS on BHP until the next Quarter from June onwards. (Chart Below)