Wednesday, May 18, 2011

Is prediction that the market will rally soon too soon?

Someone just predicted over his blog that the market will rally soon? Should I blindly follow?

Let's investigate:

Main indicators:

DJIA: Not yet at B.P., Uptrend
DAX/FTSE: Not yet at B.P., Uptrend
HSI: Close to B.P., Sideways
STI: Not yet at B.P., Sideways

So, my own verdict is, not time yet to go a shoppin'.

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