MARKET COMMENTARY
The financial market has sunk again, lost over 239 points. This is within our expectation of a continual bearish trend. More bearish moves are expected and will probably break below the support as indicated in the chart below. More equity stocks are going to see further losses in the days ahead. The financial sentiment [...]

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MARKET COMMENTARY
It was another volatile day for the Dow and S&P, going in and out of a sea of loss all day. But it finally settled with a nice gain of 81 points in high volume. The financial markets remain uncertain at this time. Other than day-trading, there is no right window of opportunity to [...]

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That was fast. The bears won the day! The Dow had almost reached the support area of 11800. We may see another day of loss by about 50-100 points for Monday before minor rebound. This is the time to close all of your open positions, if any. What I want to see is the break [...]

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The Dow dropped 108 points on Tuesday, almost erasing the strong gain two trading days ago. Although there is a bias for further drop for Wednesday, the volume did give sufficient indication for that. I would be anxious to see if it can break the mini-support at 12100 level (1330 for SPX). This will be [...]

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