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Saturday, March 12, 2011


DOW up 60 points. Tsunami(due to quake) in Japan killed hundreds.

The dive yesterday is not so normal. KLCI went below 1500 level yet again. It is very volatile. I am in fear that it will dive below 1480 level before we could see another short-lived rebound. So, it is time to exit again if it opens green on Monday. So, short-term bearish ... exit. But long term trend in tact, so one may need to hold for months to see recovery. Stochastic bearish crossover at overbought region. Way downward from here ... brace yourself next week if those still holding to their stocks. We shall face a violent tsunami in markets ...

Note : KLCI showing signs of DOWNTRENDING and REVERSAL. A break of support at 1477, we shall see it testing 200MA at 1442.

I will be having classes till 3pm today. And will like to use my remaining half day to go places. Yes, it is time to relax and enjoy ... dont worry about market. It is always there!!
Man's toys
ipad2 : Thinking of getting one.
Flat TV : Changing my current 20 year old tube-TV, 21" into 32" LCD-flat TV?
XBox or PS : Will that create an obsession in my kids?
TEH

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