MARKET COMMENTARY
The market rallied at the last hour to raise the Dow by 121 points. This is probably a high expectation by the investors to see a breakthrough in the negotiation for a bailout plan in the Congress. A weekend is a long time. It is possible for talk to be concluded before Monday’s market [...]

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MARKET COMMENTARY
The market on Friday ended even with little sign of Monday’s direction. However, there is little point to use chart to predict the market on Monday as Wall Street is going to be hit by a Hurricane bigger than both Gustav and Ike combined. This is also the time that news becomes credible and [...]

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MARKET COMMENTARY
The 241 points drop in Dow erased all the gains made on Friday. Yes, the lack of volume on Friday failed to propel the stock markets higher on Monday. In fact, it is more likely that the market may continue to go lower, instead. The daily chart has failed to provide more meaningful information [...]

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MARKET COMMENTARY
Alright, we have a breakout, finally. This is a sign that the bulls are kept at bay. If the Dow breaks the last low at 11300 tonight, we can expect the market to trade in a range for an extended period. What will be the support for the range is yet to be determined. [...]

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