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Friday, February 13, 2009

DOW and STI

Dow hit its 3month low and rebounded dramatically last night, now you should know the little US government cause this happened: the government plan, Obama going to help those with mortgages payment difficulties. Dow is just beneath its resistance line, if tonight it close above it, the momentum should be up.



compare to US market, STI makes me feel more comfortable, that's why i prefer singapore market where you can make some cool and steady profit-- My profit still there. since market showing some bullishness after few down days. i closed my stagnant shorts and tightened stop loss price with the rest shorts...oh ya. I closed SPC short and longed it at the same time, so with the initial $100+ loss on open, now it turned to positive already.



going to go through all charts again see got any good candidates at support. Have a great day ahead!

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