Friday, September 19, 2008

WHAT A RALLY ALL OVER

SHORTS had no place to hide in the globe..all the so called dooms day prophets just went on vacation today. The global bid to stem the rot/ Fed/EU/Japanese injection of billions of dollars, Ban on short selling specially of financial shares in England etc sent a strong message of the intension..DOW futures are positive again and will rock tonite..all losses of the week are recovered..in India our weekly close was higher than the open, giving a marginally bullish signal for a few days more.All brave hearts would have gained handsomely..though i was surprised some experts giving bearish /short calls or telling all not to buy anything as deeper is there, and instead of 35-3600 we are at app.4308, my target..where do we go next week, lets enjoy the profits and see about it during the weekend..cheers..

WHAT A RALLY ALL OVER

SHORTS had no place to hide in the globe..all the so called dooms day prophets just went on vacation today. The global bid to stem the rot/ Fed/EU/Japanese injection of billions of dollars, Ban on short selling specially of financial shares in England etc sent a strong message of the intension..DOW futures are positive again and will rock tonite..all losses of the week are recovered..in India our weekly close was higer than the open, giving a marginally bullish signal for a few days more.All brave hearts would have gained handsomely..though i was surprised some experts giving bearish /short calls or telling all not to buy anything as deeper is there, and instead of 35-3600 we are at app.4308, my target..where do we go next week, lets enjoy the profits and see about it during the weekend..cheers..

GALLOPING UP TODAY

Down yesterday, huge cover up to end positive, gap up today as US/Asia rocking..the roller coaster continues..we held 3790-3920-closed over 4016..Swing target is 4308 over 4116,As SGX is trading abover 42oo , we should move towards 4308 & higher as intra charts have turned so have daily...with supports at 4200-4070....BRAVEHEARTS , remember my call , ENJOY YOUR PROFITS TODAY. THE 8th day turning also worked..happy trading as there will be smiles all over after many days..happy trading & cheers