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Thursday, August 16, 2007

DJI

Dow goes down and down. HK, Malaysia and other markets follow. I guess everyone is seeing ghost now. Did anyone remember the prediction made by Tuo Pek Kong during CNY in Penang. Mann...bulls eye.

When will DJI stabilizes? Looking at the chart, it has broken the weekly uptrend line. The next major support can be obtained from the monthly chart and it is around 12100. So still a long way to go.

Maybe it the spirit of Malaysia Boleh, we can stabilize at 1200.

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