tag:blogger.com,1999:blog-74068835585723984342011-04-22T06:27:52.527+08:00Cool79 placeJeffreyhttp://www.blogger.com/profile/13280043396696232701noreply@blogger.comBlogger41100tag:blogger.com,1999:blog-7406883558572398434.post-45205960013219747932007-11-25T13:09:00.000+08:002007-11-25T13:13:55.692+08:00Update on 25/11/07As many people are thinking we are going to a bearish trend, TA shows a opposite direction. Most of the asia indices shows a inverted hammer, which is a good sign and there will be a light to come. inverted hammer means a change of bearish trend to a bullish trend.Sorry for not updating the blog for the past 1 mth as I met with an accident and have a lot of things to clear.Jeffreyhttp://www.blogger.com/profile/13280043396696232701noreply@blogger.com0tag:blogger.com,1999:blog-7406883558572398434.post-939681333294000492007-10-22T22:25:00.000+08:002008-12-13T11:17:34.023+08:00Dow on 19/10/07Market looks like a knee jerk reaction. The support at 50MA has broke. the next support will be at 13550. Looking at the indicators, chances of going lower is very low. Moreover next week will be the FOMC meeting which everyone is waiting for Mr. Ben to do a rate cut. Chances of cutting the rates will be 50 50 for quarter points. So do not put so much hopes on the interests rate cuts. Overall ourJeffreyhttp://www.blogger.com/profile/13280043396696232701noreply@blogger.com0tag:blogger.com,1999:blog-7406883558572398434.post-38015566036417201292007-10-20T01:27:00.000+08:002008-12-13T11:17:34.273+08:00Update on 19/10/07Overall as we can see from the chart of HSI, uptrend is still intact. 1st support will be 29000 and followed by 28000 which is the 20MA then by the fibo support. I do think, the chances of dropping below 50MA is quite impossible as now is consider a healthy drop. Shochastic n other indicators are very toppy, it's time for it to drop a little before another rally up. most of this drop are due to Jeffreyhttp://www.blogger.com/profile/13280043396696232701noreply@blogger.com0tag:blogger.com,1999:blog-7406883558572398434.post-88929583689226593422007-10-18T23:20:00.000+08:002008-12-13T11:17:34.451+08:00Updates on 18/10/2007 for DJDow indice shows a negative divergence which I had drawn on the chart above. We will see more drop coming in these 2 weeks till Mr. Ben come out to talk abt the interests rate. Dow will be support by the 50MA which is at 13780.Jeffreyhttp://www.blogger.com/profile/13280043396696232701noreply@blogger.com0