Chat Here

Add My Banner!!

SSSTOCK

- Friends Link -

Promote Your Blog

Wednesday, February 4, 2009

World News, Analysis and Bad Volume

IHSG COMPOSITE STOCKClick Picture to Enlarge!!!

FUNDAMENTAL ANALIYSIS!!!

China - Increase of Hong Kong stock index (Hang Seng) is still due to report of the Chinese government that will provide the economic stimulus package for the Industrial sector. One industry sector that will get BIG HELP is the metal industry. Based on the statement issued by the government, the plan will be issued a fund of 585 billion dollars to the industrial sector. According to the Chinese government, this step taken to speed up the recovery process in The China real sector.


Japan – Increase of Japan Stock Exchange today because of The Exporters Company stocks Increase due to yen weakening against the dollar.


US – There is a sign of recovery in the property sector, where pending home sales jumped 6.3% in December, which is the first time since August.


WASHINGTON (CNN) -- Executives of companies receiving federal bailout money will have their pay capped at $500,000 under a financial compensation plan that President Barack Obama is expected to announce Wednesday, two senior administration officials said.

Under the president's plan, companies that want to pay their executives more than $500,000 will have to do so through stocks that cannot be sold until the companies pay back the money they borrow from the government, according to administration officials.

U.S. Companies Cut 522,000 Jobs in January, Fewer Than Estimated!!


TECHNICAL ANALYSIS!!!

1.MA30 and MA40 already crossed by candlestick from top to bottom.

2.Now its reaching MA60, if moved below it IT BEAR TIME.

3.RSI(Relative Strength Index) line moves below 50%!!

4.CCI(Commodity Channel Index) still in -100 line!!!

5.THE MOST IMPORTANT THING IS THE VOLUME IS HALF THAN THE AVERAGE.


MY SUGGESTION DO NOT BUY ANYTHING UNTIL THE BIG VOLUME IS BACK!!!

0 Comments: