Saturday, December 6, 2008

DJ up 259

Although USA rose the unemployed rate to above 7% but it does not hit down DJ index. The fundamental player lose the basic of trading in this period of time. The technical player (TA) won this round.

Equity market comprising a lot of difference type of player, especially like those country has policy with open system. Hong Kong, Tokyo, UK and USA all applying this policy on their financial system. Hence, you are also could see if any major changes on the trend of economic, they are always leading advance when compared with others.

Please do not mislead by DJ index move up in the last three day trading, because it does not show any good or major changes on fundamental economic as well as the black hole of financial problem still maintain in the market.

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