Dow closed with little change on Friday. Sellers dominated the morning session pressing down the index to as low as 9835, a drop of 167 points. Buyers resurfaced in the afternoon to bid prices higher to give a long lower shadow to the 'spinning tops' candlestick, indicating a potential reversal in short term trend.
Can the 10,000 level hold? I am not able to tell at this moment. It can go either way, has to wait for a few more days to see the direction. Keep a close watch on technical idicators.
http://dinmerican.wordpress.com/2010/02/05/13320/
ReplyDeleteThe following is a comment given in the blog ( Din Merican ) above ;
" By this coming Monday afternoon, if the prosecution says Saiful’s ass was penetrated, KLSE will drop by 2.3 % according to investors. If Sailful’s asis was penetrated by an object other than the penis, stock will jump by 2.8%
Lookout for the impact of Saiful’s ass on the nation’s economy and impact on the region’s economy where we trade with our neighbouring countries. Singaporean investors are bearish because of Saiful’ass impact on Singapore’s money market.
Frank - February 6, 2010 at 2:57 pm "
So let us wait and see which will decide the up and down of our KLSE; Saiful'ass or Dow !!!