Sunday, November 18, 2007



Well, could Friday's closing on DJ and STI be a sign of reversal?

Tested around 3400 on Friday but closing on resistance of the Aug period @ 3438, almost a doji. If I'm not wrong there is a name for this kinda formation, a hammer, albeit the long tail at top, right wrong??

But well... it's only possible but as usual, dun dive into the market observe it!!

Was pointed to the fact that it rebounded off it's 200MA but then again, DJ's closing was strong from 4pm to 5pm. BB buying up, so that Monday might look better ?? It's hard to tell depends on Monday.

No rush, the market will last longer than you! -- Prof Guang!

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