Thursday, July 8, 2010

The DJIA Should Penetrate The Resistance of 10,200 Level Before Proceed To The Next Level Of 10,500

Now , we could see the stock exchange index advancing without any sign of gestures from the qualified great leaders. The bad rumours still circulating the globe, but with a very light reminder. After a few days of heavy selling,  the stock then remained silence, why? The possible reason is the contrarians were remained afraid to join the crowd.
Look at the 5- day daily movement of DJIA from July the 1st to July the 8th. Get focus on the  7th  and on the 8th ,before joining the crowd. But if there are good news given especially by the pure and the releven sources, then it's time to take the advantage.
We study the DJIA because this is the number one to refer. With my experience in the stock's investment, when  the Dow condemned, all the world's stocks also experienced the worst. Please make note on that, though there are some few stocks that remained stubborn to follow the current direction, due to certain circumstances.

No comments:

Post a Comment