Tuesday, March 27, 2007

Interesting high volume doji

Very interesting doji formed today. The uptrend has been furious and fast. As i am watching the US Dow and NASDAQ, uncertainty indicated by a doji in KLSE compounded the issues. Bear and bull are seen fighting seriously today. Bull are saying, "hey, you know i am supported by XXX besar, dXXXk-dXXXk and XXX XXX politics?" Bull is trying to show that he has strong back-up and keep on stressing on issues such as "we are still fundamentally intact", "fair value is beyond 1300" as well as " please buy more as we need some donation for election". In fact, the secret weapons bull is having is very powerful - suddenly announce changes in policies and ambush from the bushes after ducking in the longkang for 3 days 3 nights. However, bear is starting to return, at least in the near term... US situation is really not good... and consumer confidence drops. Damn, this means small market like Malaysia who always shouting for Malaysia Boleh will be heavily impacted as we are focusing a lot on exporting. In fact, for the news on oil prices uncertainty, stock prices volatility as well as US economic condition, we should demand a higher risk premium. This means a lower stock prices. However, life is not always easy... People are trying to push up the prices by a perfectly manipulative and fast pace never receive required cooperation from the other party in oversea. Damn, the US consumer are saying they suffer from stomach ache and need to shit when the other party in another corner of the world is trying to cover up the shit (of coz, cover the shit, and then all of a sudden, let go the shit so that we can produce some shit eater in the market). It is a very interesting movie to watch... Probably, try to think on this, can anyone trying to stop a falling dagger? How to stop a falling dagger in a small market? Will the falling dagger become real? Captain America with a falling dagger and Hang Tuah with a flying keris, who is more powerful?

Complicated... Never dare to predict the market anymore... The best is sit down and watch movie... Probably, it is a time to go holidays...

No comments: