WORLD NEWS
Japan Stock Exchange today (24 February) decreased due slumped Nomura Holdings stock. Nomura Holdings shares weakening because of the financial reports that the company would increase stock prices, with a total of all nominal shares worth 3.3 billion dollars. The policy is the first time in the last 20 years.
THE MAINLY PRESSURE come from the technology sector after Morgan Stanley predicted a lower PC sales for 2009 and 2010, caused by a decrease in prices and weak demand. Hewlett Packard slumped to level of 6.3% to $ 29.28; Intel weakened 5.5% to $ 12.08 level, and Apple down 4.66% to $ 86.95 level.
AIG likely to go bankrupt if no more funding from the government. AIG needs additional funds to operate.
TECHNICAL ANALYSIS for DOW JONES INDUSTRIAL!!!
Check picture!!
I already told you before at 16 February, that DOW will slumped and it TRULLY HAPPENED. Check here!!
1.MA ( Moving Average )30 and MA40 already crossed by candlestick from top to bottom.
2.Already DEAD CROSS!!
3.Now its Moves DOWNSIDE THE BOX or under 7941 point, VERY-VERY DANGEROUS SITUATION!!
4.RSI(Relative Strength Index) reach 30%!!
5.CCI(Commodity Channel Index) now below in -150 line!!!
6.THREE RED SOLDIER, that indicate BEAR!!
JUST WAIT N SEE, keep your money!!
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