good evening,
as expected, the bearishness still remains... most stocks are on the weaker side but there are some shining stars in this mess. did ur system detected them earlier on? i found afew potential ones b4 market opened, namely jade, ferro, wee hur and NOL. the market is trying to get into a consol phase with selective pushing for a start.
outlook still remain bearish but keep a lookout for possible short term rebounds as this downdrift nears support region. DJ and Nikkei are poised for a relatively big move soon, stats are pointing down, but beware of bear traps when signs get too obvious.
conclusion..
remain cautiously bearish for general market, cautious bulls for intra day long on selective strong stocks like nol, ferro, wee.
enjoy, Heiwa
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