Wednesday, August 22, 2007

Fed

The Fed took couple actions recently: Released reserve fund 3-4 times to buy mortages, and real estate sectors, trying to save the market confidence hurted by the Sub-Prime loan problems. Also reduce overnight discount rate 0.5% to help suffering lenders like Countrywide Bank.

Other contries's central banks also did similar acts.

But will the Fed lower the interest rate?
Is the market turning into a BEAR?

Daily

Bullish: YHOO, AMZN, REM,

Berish: AMGN,

Market:
Is market going to end this correction cycle and rebound from here?
The bottom has shown already, important supports are 13000, 13200

Tuesday, August 14, 2007

Market

Dow broke 13200 points, is this becoming a Head-and-shoulders formation?

Friday, August 3, 2007

Daily

Bullish Buy: IYR, IAK, HSY, AMAT, HPQ, MRK, PGN, BUD
Bullish Watch: DIA, ITA, MO, K, FNM, MSFT, SNE, EWW

Bearish: FSLR, UAUA, JYN, IEF

Market Projection: Market will rebound on Friday!

Thursday, August 2, 2007

Daily

Bullish: SPY, HSY, AMAT, MO, HD, HPQ, MRK, K, FNM, MSFT, PGN, BUD, SNE

Bearish: FSLR, UAUA

Market: Unclear

Wednesday, August 1, 2007

Daily

Bullish Buy: SNE
Bullish Watch: K, FNM, MSFT, MER

Bearish Short: SNDK
Bearish Watch: UAUA

Market Forecast: DIA - Neutral / QQQQ - Bearish