Tuesday, March 4, 2008

Mar-04 Market Summary

We have an incredible turn around today which we have not seen for a while. Still, we hold 12150 today by close, we lost 0.4% for the first two days of this week. As I said for 2 weeks, if we have a while candle stick for this week, then the middle term will be bullish. This is of course still valid.

For next days, we have two days with long shadow at the bottom, which signals a bullish sentiment for next days. Let's wait and see.

Strategies:

1. Fishing Tech, Home Builder during AH if possible.
2. Metal stocks may be cooled down a bit, but this is a correction, I think, watch tight.

Good luck!

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