Wednesday, March 2, 2011

Dow - Has the mega wave C started?


Dow has a sharp 168 points drop on Tuesday but was able to hold at around its previous low of 12,068 level.


Looking at the technical indicators, wave 5 is definitely there but the possibility of forming wave 6 can not be ruled out at this stage, has to wait for confirmation.


Bursa Malaysia, Net Foreign selling of Rm 3.4 billion in February.


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