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Saturday, January 3, 2009

DOW StART YeaR 2009 WitH a BiG BAnG!!!!!

The Dow Jones Industrial closing at 9,034.89 (+2.94%).

The S&P 500 index rose 28.55 points (2.9%) to 931.80.

The Nasdaq composite rose 55.18 points (3.5%) to 1,632.21.

It's a good start of the year, but the volume is very light. I hope to see a sustained advance on higher volume.

Let's look at the next resistant and support level for these 3 indices.

Dow Jones Industrial, new support level at 8,850-8,900 and the next resistant level will be around 9,375-9,425. We might see this level soon, probably before CNY.

Nasdaq Composite, new support level at 1,590-1,600 and the next resistant level will be around 1,750-1,760.

S&P 500, new support level at 910-915 and the next resistant level will be around 1,000-1,005.

HUAT HUAT HUAT ARGH!!!!!!!!!

Steady Bull

wHAT IS DIScIPLINe ALL aBOUT?

Friday, January 2, 2009

NEW yEAR rESOLUtION

DISCIPLINE

My new year resolution is to be more DISCIPLINE in whatever things that I do.

Motivation is the start but discipline is the finish.

Huat Arh!!!!!!!!!!!

Steady Bull

HAPPY NEW YEAR 2009!!!!!!

Happy New Year eveRybody

May this year 2009 be a prosperous and wealthy year.

Cheers,

SB