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Thursday, August 16, 2007


There will be more downside to come. The formation of the head and shoulder has been broken. Tonight we maybe able to get support from 61.8% fibo but not in the next week. Experts has also predict the downtrend will reached till as low as the March low. Plus a correction will be 10 to 20% down. now we are abt 9% down for DOW, but locally we are 15% down... i don know how long can sti take the downtrend. STI keep following Dow... like they drop 100 points we also drop 100 points. if this contince like that. i think we will hit a low of maybe 2600? It is just a wild guess

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Any request of counters you can post in the chatbox, I will do an analyse for u when I see the msg