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Saturday, November 15, 2008

Continuing Down?

KLCI rebound may be over. If 800 breaks, then the next possible support is around 640.
Malaysia Longterm Midterm Shorterm
KLCI Down Down Down (-)
Finance Down Down Down (-)
Construction Down Down Neutral
Plantation Down Down Neutral
Property Down Down Down (-)
Mesdaq Down Down Neutral
2nd Board Down Down Neutral

US roller coaster ride may reach another cliff that will clearly break the Oct 10 lows (I'm talking about DJI).
World Longterm Midterm Shorterm
S&P500 Down Down Down
DJI Down Down Down
NasdaqComp Down Down Down
Nikkei 225 Down Down Down (-)
Kospi Down Down Down (-)
SSECI Down Down Neutral (+)
HSI Down Down Down (-)
TWII Down Down Down
STI Down Down Down (-)
SENSEX Down Down Down (-)
FTSE Down Down Down (-)
DAX Down Down Down (-)

By the way, have you seen the news concerning China's Oct industrial production growth? 8% increase. But wait a minute, the electricity consumption contracted by 4%! Huh?!

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