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Monday, November 03, 2008

World Market (20081031)

Asian markets are still pointing down. The US seems to have stabilized but it was the end of month, so some funds may have done some window dressing. The selling pressure seems to have subsided but this may be the calm before the next storm.
World Longterm Midterm Shorterm
S&P500 Down Down Neutral (+)
DJI Down Down Neutral (+)
NasdaqComp Down Down Neutral (+)
Nikkei 225 Down Down Down
Kospi Down Down Down
SSECI Down Down Down
HSI Down Down Down
TWII Down Down Down
STI Down Down Down
SENSEX Down Down Down
FTSE Down Down Neutral (+)
DAX Down Down Neutral (+)

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