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Showing posts from July, 2009

A lesson for those Greed and Fear in Stock Market

Stanford was a guy living in 70 century, he used to work as government servent cum tempolary actor. He feel the life was plain with no achievement. In one of the holiday season, he visited his uncle, who was a fund manager. He always heard his uncle's discussion with clients about which stock to buy or sell and how much they have earned. Since then, he had fall in love with stock market with believing that he can become a millionaire by investing in stock market. After Stanford returned to New York, he managed to save for 10 thousand and he decided to buy Public Film holding at USD10. In 1974, Standford very happy with this transaction as he knew from his uncle's conversation with their clients, Public Film Holding had a very good business prospect with good future earning. He also feel that the buying timing was correct as the stock already fall from 30 plus to 10 USD now, it must be a very good opportunity to buy at this price. One month later, Public Film Holding stock price

Dow Jones - Head and Shoulders

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Recent and today's trading indicate the market turn week now, especially for Dow Jones Industrial Average. First it formed left shoulder, follow by head and last Friday right shoulder. Today's trading seem to touch support level and potential down side already formed. The chances are very high for market to go south and confirm this round of Bull run / rebound near "The End" of story.