Market Going Down Again?

Monday - 30th March 2009

8.45 a.m. - Malaysian Time

For the past one week, the market has been linggering between 1950 to 2050. Four days of the week were the days of black ( or rather blue ) bars. The market was probably said as in the position of sidelines.

Today

`

Forecast for today is as follows ;

`

1) If the market opens between 2000 to 2020. Sell after the market has moved 7 points above the opening level. Be careful of the false alarm and do not forget your stop loss. If the market manages to beat the levels between 2040 to 2048, the market may go up further. If the market manages to beat down the levels between 1979 to 1985, the market may fall further.

2) If the market opens between 1990 to 1999. Sell after the market has passed the levels between 1979 to 1985.

3) If the market opens between 2021 to 2030. Buy after the market has moved up passing the levels between 2035 to 2045.

4) If the market opens above 2060, the market may go further up

5) If the market opens below 1945, the market may fall further.

6) If the market opens other than the above, it is your call.

7) Please refer to #6 ( see posting dated 12th January 2009 )

`

Have a nice trading day!!!!

.