Monday, May 18, 2009

18 May Asia update

the market in Asia is generally weak. Nikkei perching on 9000. HSI gapped down, STI down but holding firm.

Martin Feldstein reported bearish. Credit cards defaults mounting.

Read Pg 844 of Bulkowski "Encyclopedia of Chart Patterns" and he relates his past experience and guess what ?
If you dun have his book, you can email me at dollarproaragon@hotmail.com.

Gold may a dash at 930 at Asia lunch time. Would it hold there ?

Earthquake Watch:

Richet 5 hit LA. no casualty. 1 km from Inglewood.

Waiting for Good Samaritans (GS) for the 100 meter Bull sprint before memorial holidays.

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