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Monday, November 12, 2007

Bear market and recession for sure

Downtrend should be dominated for the next couple months.
DJIA: Support 11500 - 12500
NASDAQ: Support 2300 - 2400

Friday, November 02, 2007

Stock market remain negative

Stock market remain negative, but maybe a bounce on Monday.

CTRP, RIG

Dow Jones drop below 50 day MA line. And NASDAQ still has a lot of room to fall.
China and Hong Kong stock market will continue to fall.