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.
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Friday, November 02, 2007
Tuesday, October 23, 2007
Market become neutral
Today's stock rebound back to above the 50 day MA support line. And a lot of stocks like AAPL, GOOG, AMZN, FSLR, and etc are reach their new time high.
Downtrend would most likely resume again if it can not break the 20 day MA resistance line.
Downtrend would most likely resume again if it can not break the 20 day MA resistance line.
Thursday, October 11, 2007
Market correction has begin
Today's market decline is not a good sign. Market correction is underway. Besides, a lot of stocks have raised too high lately (for example: technology and China stocks)
We should hold cash, wait or short.
We should hold cash, wait or short.
Tuesday, September 18, 2007
Back to Bull again
NASDAQ and Dow Jones are both break their resistance lines today. Most sectors like home construction, mortgage, financial and energy have formed and recovering from their bottom. Technology sector remain strong (stay above thier support lines.
Thursday, July 26, 2007
Bear Market begin
Do not buy or hold stock for long now. Down trend begin for the whole market. Most sectors have already down for a while (break down their support line). Technology sector is the last one.
Monday, July 09, 2007
Thursday, June 28, 2007
Thursday, June 21, 2007
Monday, June 18, 2007
Thursday, June 14, 2007
Friday, June 08, 2007
Thursday, June 07, 2007
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