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Wednesday, February 4, 2009

Countertrend

As i said 8,000 is critical for Dow, true to form, it "undid" sub-8,000 and up 141.53to close at 8,078.36. Yesterday was great(up 18.57% of my stock portfolio), today should give back some, until now it's yet to hit my protective stop, the market seems no strength to go up further? my view is short term bullish(4 days maximium), long term bearish(2 weeks), tonight US possible continue rebound.

Few stocks that i'm eyeing are Wilmar, capitaland, straitsAsia:



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