Saturday, September 03, 2005

Desperate for a Rebound!

The index ends under 910 for this week. Yes, I know I said that support is 910, but I'm not God. I can't determine the exact support. Nobody cans. But the probability is higher here. Expects gives a range of 900-910. Everyone one is just guessing.

So where is the rebound? Or change of trend? Stochastic oversold. RSI oversold. MACD show some sign of bullish divergence. So there is hope. Yes, when everyone feel desperate, that's the point where the market will turn around.

So are you feeling hopeless? Then buy.......

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