Wednesday, July 27, 2011

DOW - scary chart

Double Top.. Scary chart... kiss 50ma.. might rebound.. but selling pressure is so strong... i bet no rebound will occur later.. if you are trading/investing blue chips.. Too be sure.. stay in cash before August 2. They say cash is still a position. :)

by the way.. im disappointed with LCB. it failed its pattern which is subject for breakdown in a short term.. Sold mine for profit..

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Sunday, July 24, 2011

PHISIX

Im still not bullish with our market even with the recent high.. Must break the major trendline first acting as a resistance lately...

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LCB - poise for another run up?

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Saturday, July 16, 2011