Thursday, July 8, 2010

The Big Players On The Sidelines-Waiting For The New Leads!

Previously,the Dow Jones, The Nasdaq  and the all the World Index were seen tremendously dropped not really because of the economic's uncertainty as a whole, but due to the unidentified rumours created by certain groups of individuals within the market itself! It was unbelievable to agree at this level to find that the stocks went down so steep without warning.
I stayed out for a while since my views always contradict to what the real stocks behaved,especially at this current situation. I don't know when this type of fluctuation would last, but  I hope this short coming will ignite some clue to detect some few stocks that encourage certain quarters to hunt for the profit.
What I could say that the way the stocks moved, looked as if someone has some controlled on the movement of the stocks.The stocks followed according to what they need! To make sure try and monitor the trends, especially the high volumes occupied stocks(klse stock exchange), such as Mieco, Siggas,Tmclife,Maxis, Cimb and many others, that no need for me to mention all of them. I feel that the small investors are very afraid to go in,especially those contra players. They go in, and get out in the afternoon, by a daily basis trading, if they thought that there is no hope of getting profit, or thinking that the stocks might sink any further.

I would like to share the newly uptrend's stock, Tejari's latest info, released by the Bursa Saham Kuala Lumpur. On the 17th Ogos 2010, Tejari was granted a Multimedia Super Corridor status through its subsidiary ICT Utopia Sdn Bhd. I hope you have time to watch out this stock at your local bourse, since its probability to move upward is great!

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.