Bursa >>>>>> 1250 By This Week

by Guest Mon 07 Dec 2009, 22:31

Dow Jones has been struggling for days to stay above 10500 but to date fail even with the best employment data. Dubai factor is diminishing but the haunting effect still there.

Look at the drastic index drop in last minutes of fbm klci..key support of 1267 has been broken and there's no surprise index will head toward 1250 probably by this week where finance stocks are the most vulnerable. WE ARE UNDERGO CONSOLIDATION PHASE. Nonetheless, there's not possible for index to breach below 1235 the next support level. For now, not much fresh lead, expect bursa to stay under pressure for day to come

by Guest Mon 07 Dec 2009, 22:51

ProTrader wrote:Dow Jones has been struggling for days to stay above 10500 but to date fail even with the best employment data. Dubai factor is diminishing but the haunting effect still there.

Look at the drastic index drop in last minutes of fbm klci..key support of 1267 has been broken and there's no surprise index will head toward 1250 probably by this week where finance stocks are the most vulnerable. WE ARE UNDERGO CONSOLIDATION PHASE. Nonetheless, there's not possible for index to breach below 1235 the next support level. For now, not much fresh lead, expect bursa to stay under pressure for day to come

Market is damn unpredictable and better just let it be without any prediction. The best is pay attention to stocks that has been batter down and watch is there any upward momentum. if we can catch that, mostly likely profits will follows.

Bursa >>>>>> 1250 By This Week

Bursa >>>>>> 1250 By This Week

Re: Bursa >>>>>> 1250 By This Week