Realigning...

hihi,

haha, i was a little confused, focused too much on the small picture until the volatility made me blur... getting back on track...

DJ as stated yesterday was bullish, and still remained bullish, Asia are doing the catch up gaining huge strength today. world index are trying to stay in a console phase, and the recent strength made this possible. better then expected economic data in US n Japan are easing concerns off the current gloomy state, therefore the rally. but do not forget, the mid term trend remains bearish.

with this viagra in all markets, avoid shorting for the moment and watch for sustainable gains. stocks in SG are starting to form base, while some in overbought position. areas to note are a portion still remains weak, implying the strength of the market is not stable.

at this point in time, note stocks, especially the mid caps with nice base formation. place a long position for the possible console rally with proper cut loss if the base fails. do not resist the short term bulls.

enjoy trading...Heiwa