Monday, June 21, 2010

The Global Stock Market Starts To Make Profit... For How Long!


The European Markets were seen gaining momentum,started as early as the 9th Jun 2010, after having experiencing for the sharp losses since late April 2010. So lots of bad news overwhelming the globe, so stocks continued to advance in a negative territory, for nearly 2 month. That is not too bad for the stock's loss,when compared to the great collapse of the World Trade Centre many years ago. I hope that everybody knows the reasons behind the situation. The reasonable doubts that cannot be answered.
My simple technical analysis, would say that, go for the profits, where there is a time for you to sell, and again, go for the profits, where is a time for you to buy. The problem is, how to trace these two critical episodes, so that we don't suffer much losses from stocks investment. Alright, let us look at this stock chart, that is our klse Composite Index. The Round Labels show where the big investors leave the market, and the Square Labels mark the time they come again to buy the stocks. Now, these few days they are getting profits!  Are you sure they are leaving? Next week, the historical episodes will remind everybody! The idea is not to stop your on doing business, but to check the reality of stock investing. Be always alert.

Thursday, June 10, 2010

Positive Reports On U.S Jobs Market & China Export Trade Surges The Dow

At 10.32 p.m, (the Malaysian time zone), we see that the Dow Jones has passed above 10,000 level. Infact the Dow Jones index has jumped more than 200 points after 1 hr trading. AP reports about the U.S jobs  data and the improvement in the China Trade, has influenced the investors to join the market. How and where the AP got the news was not very clear. We hope tomorrow there will be no news that makes the investors to run away like hell! Normally at this choppy markets, when the players have already have profits, they try to create all sorts of stories that dips the market.,so that they could come again on dip!
Anyhow, we hope that, the practice won't influence much on our klse sharemarket. Accordingly, looking at the charts, the stock exchange market is likely to maintain and build a support at 9800 level for the Dow Jones (DJIA), before starting to move  some more...coming ahead! Or if not so, at least give some profits within this immediate term trading sessions.


Dow Jones immediate support level is around 9800 and the resistance is somewhere around 10200

Klse Composite Index, support level is around 1280, while the resistance is at (1295-1300).
See whether tomorrow is the right time to go in! How is your opinion? I hope you could give some
comments for us to discuss .