HKSE index

Hello all,
I try to see where the market is heading to at the end of the year is near by comparing the regional index with daily and weekly. I hope i can get some idea out of this.

HKSE shown a consistance graph...rebounce within the uptrend. However, MACD is not convincing.

Nasdaq : DRYS

Hi 2nd one that i also monitor, i may increase one more counter in next coming week.

This is DRYShip same as Citigroup , will be tough for her to keep stay at what happen yesterday due to performance in Europe market was not good enough and oil price increase due to USD depreciate.

NYSE: Citigroup

Hello all,
Just in time to make this post before my meeting.
Citygroup will face the resistance agian like yesterday but today will be tougher since Europe closed lower.

Enjoy.

NASDAQ : Dryship (DRYS)

DRYS still moving within the downtrend channel, other indicator also shown the uncertainty. However, it may follow the flow and try to test the resistance line at 6.4USd but at the end it may fail.(A strong resistance line)

Good to have this potential stock if it below 5.6usd.

Well, what i can do it Wait and be patient.

NYSE : Citigroup (C)

I made some profit from this counter before so i following it up closely to wait for the best timing to enter, What i learned recently is Citigroup is trying to increase the current quote from 4.5usd to higher value, this is to attract institution and fund manager to part some cash to them. There are many ways of doing so...you may able to think of all the possibilities ways.

Citygroup breakout from the down trend channel in last couple of days and form a triangle to indicate that it will try to test the 4.75USD resistance line this week.  I think it may just a "touch and go" trend since companies report started again this week so in next coming 6wks will be very bumping...

SGX : Cosco Coporation

Cosco under stress....the down trend curve showing it..

USA market

Hi all,
From this week onward US company will start to report out their performance for the quarter and outlook for 2010, As usual the market will be volatile. Grab a wood if you still in the sea of share market or part your boat to the jeti and take a rest.

One interesting discussion we had yesterday on  CIT RF stock, People say this is once in the life time to buy such a low pricing stock but the risk is this company may file chapter 11 in USA(Bankrupt protection) to gain 1 year time to restructure. The date for this company to announce will be on 29/Oct2009.

Will you take the risk ?? Can be digital "1"  or "0"