Thursday, October 8, 2009

Time

Today market continues its rally and stood above 1220. It was given chance to speculators play contra and earn some money. Market hard to press down in coming five days. Because good factors from: -

a) USD weak
b) Australia currency strong
c) Currncy trader buying asia pacific note and hidden at equity market for short term.

Due to that, Time previously was stopped at 32 and yesterday breaks its resistance. Although today have some profit taking but still stood above 34 cents. That is a good chance for you buy in and enjoys its rally. I am predict the minimum profit from this level should have 12cents. So buy in at 34 and propose sell it at 445.

Overall market steady and do not touch those HA stocks at now. Maybe buy in such HA stocks next week. It will help you enjoy the adjustments.

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