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Wednesday, May 21, 2008

Possible market reversal, down trend ahead

Financial, banking, and home construction sectors are very week, most of them drop below their support lines already. Looks like we are going back to down trend situation. At least more market correction.

Friday, May 09, 2008

Market Watch

Market correction. If the market can rebound today or next Monday to stand above its support line, then the trend is still moving upward. Otherwise, expect more market correction to come

Falling again
After all the rebound (last four months) for the home construction sector, most of them are now fall below their support lines.

Potential sector: Solar
Look how much that ENER raise on its ER day. Maybe you can find the next star from this sector: CSIQ, LDK, JASO, ASTI, SOLF, TSL, SPWR, etc...