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?

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

I mISs YoU ALL!!!!!

To all my loyal readers or whoever else likes this blog, I would like to let you know that my status currently is very busy.

However, I will try my best in writing one post each day to let you fulfill your free time here with something that meet your interests.

I hope this blog can be a place where we can enjoy and share our knowledge to sharpen our trading skills.

Therefore, when you have nothing to do or feel boring at home or any other places, please visit my blog.

Cheers!!!!!!!!!!!

YOU'LL NEVER WALK ALONE

STEADY BULL

BE YOURSELF AND ENJOY LIFE

A pastor entered his donkey in a race and it won. The pastor was so pleased with the donkey that he entered it in the race again, and it won again.

The local newspaper read: PASTOR'S ASS OUT FRONT. The Bishop was so upset with this kind of publicity that he ordered the pastor not to enter the donkey in another race.

The next day, the local newspaper headline read: BISHOP SCRATCHES PASTOR'S ASS. This was too much for the bishop, so he ordered the pastor to get rid of the donkey. The pastor decided to give it to a nun in a nearby convent.

The local paper, hearing of the news, posted the following headline the next day: NUN HAS BEST ASS IN TOWN. The bishop fainted. He informed the nun that she would have to get rid of the donkey, so she sold it to a farmer for $10. The next day the paper read: NUN SELLS ASS FOR $10.This was too much for the bishop, so he ordered the nun to buy back the donkey and lead it to the plains where it could run wild.

The next day the headlines read: NUN ANNOUNCES...HER ASS IS WILD AND FREE. The bishop was buried the next day....

The moral of the story is Being concerned about public opinion can bring you much grief and misery and even shorten your life.

So be yourself and enjoy life. Only worry about your own ASS not someone else's, You'll be a lot happier and live longer!