Friday, May 21, 2010

Early warning messages from this Blog since 4th May 2010

If you always visit our Blog, it can be avoided for the recent disasters. On 4/5/10, we found a bearish divergence signal on FBMKLCI. On 5/5/10, the index was dipped and rebounded, however all other indices had formed a lower high. These are the early warning signals that the market will turn around. We are happy that many of you had visited our site regularly and you had either took profit or cut loss short. The market had turn downtrend today after it had dipped below 1292. If it rebound above this level in next few days and dips again, it will create a lower high and this is so call the downtrend’s pattern. So you may select not to buy any stock from now, just keep your cash 100% until the market turn around from the bottom.