Friday, September 5, 2008

DJ Market

DJ market on 4/9/08, hit down 344 points. After financial/sub prime loan crisis, every heavy adjustment is not bring any surprising. Why i am here talking about it?

As last month, i remember wrote a note highlighted that DJ may move from 11,200 to 11,700 in this period of time.

But my own indicate has been broke by yesterday. The DJ market hit as low as 11,188 point closed. This is a dangerous level. So, I am warning everybody quick run out from market, because after breaking this suppoting level. I forsee market may have a heavy adjustment on this period of time. If i am not mistake, hit down 1000 points lower is not an impossible level. Of course is not one day can hit 1000 points but it will slowly slowly adjustment day by day.

CareFUL CareFUL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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