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Re: RMD - Resmed


Looks like a good down trend on its chart T74.  Good chance you may pick it up for around very low 2's early next week.  Commsec has its 3QFY2008 Results posted on 2/5/08.  They're upbeat about product releases to the market but its certainly not reflected in the SP.  Have a look at its chart over 3 years, its all over the shop.  Reminds me of SHL which I recently sold at a small loss.  Anyway, you'd do better to hear from one of the more experienced gurus' on this forum.  Personally, I like the resource stocks at the moment.  Look at GCR, LNC, STB, BRM.  I think based on reading the ASF threads these seem to still have plenty more upside.  Good Luck!


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