Thursday, August 13, 2009

Dow - looking for breakout


Dow closed with 120 points up yesterday but remained below the resistance line. Tuesday bottom can either be end of wave a or end of wave 2 depending on whether Dow can have a breakout above the resistance line today with high volume or it moves down again to complete the a-b-c wave 2. The 120 points up was impressive but the volume of about 6 billions was on the low side.

2 comments:

  1. " Let's give our full support to Hannah and her team."

    A special assistant to Ronnie Liu was detained by the Malaysian Anti Corruption Commission (MACC) this morning for alleged misappropriation of funds allocated for the Selangor exco's constituency.

    Are we prepared to march to MACC office if they detain Hannah ????

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  2. Ronnie Liu said they will removed the MACC if they can take over the central government in the next election.

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