LET STEVE JOBS MOTIVATES YOU NOW!!!!!!

STEADY BULL QUICKIE 4D RECOMMENDATION

CSC $0.315
LianBeng $0.565
OrientCent $0.52
UniAsia $0.725

HUAT ARH!!!!!!!!!!!!!!!!!!!

Sorry ... very busy to update my blog lately!!!!!!!!!

Hopefully you all enjoy and huat tua tua tomorrow :)

US KEY ECONOMIC DATA DUE NEXT WEEK

Tuesday, 12 Feb 2008
-Retail Chain Index
-Federal Budget

Wednesday, 13 Feb 2008
-Retail Sales
-Retail Sales ex-autos
-Business Inventories

Thursday, 14 Feb 2008
-Jobless claims
-Trade gap

Friday, 15 Feb 2008
-Import prices
-Industrial production
-Consumer sentiment

DOW FELL AGAIN, ASIAN MARKET???

ISM services report showed a big slowdown in the services sector of the economy and it showed business activity falling in January for the first time in five years. Market sentiments was really negative. Is it another hint of a recession?

DOW - 370.03 NASDAQ -73.28 S&P -44.18

Hopefully, DOW will not close below 12,100 by end of the week or else technically it looks pretty bad and more selling will come. Scary............................

Will ASIAN Market open lower on Wall street's fall? Obviously. NIKKEI -368 and it might even drop further and test 13,000.

For STI, I just hope it won't go down and close below 2,960 level. Today is just half day trading, hopefully the Bull can still fight with the Bear. :)

HAPPY CNY 2008. HUAT HUAT HUAT ARH!!!!!!!!!!!!!!!!!!!!!!!

CHART PATTERNS ~ HEAD & SHOULDERS REVERSAL PATTERN

PART 1


PART 2

DOW JONES WEEKLY CHART

What chart pattern is seen from this chart? Is it a good or bad sign? Most of us have been talking about technical analysis and chart patterns every day but not many understand it.

Basically the chart above is a head and shoulder reversal pattern forms after an uptrend. This pattern is one of the most common reversal patterns Before we discuss further on the above chart, let's learn about HEAD & SHOULDERS REVERSAL PATTERN.