LONG VACATION

The Dow Jones plummeted to below the level of 10,000 in trading Thursday (08/26) New York time as investors see the trend of declining economic growth in the second quarter. Follow-up selling pressure hit the stocks of technology-based Nasdaq index lost gain is large enough. The Dow Jones industrial average closed lower end down 74.25 pts or 0.74 percent, to 9985.81 and the Standard & Poor's 500 Index slipped 8.11 percent to 1047.22 and the Nasdaq lost 22.85 pts to 2118.69.
IHSG will soon be entering a long vacation. My advice do not hold any shares until the stock market reopened or buy a day before the start of the holiday.

IHSG now at 3102 point, it still go down near 3052 point. IF IHSG CANDLE IN THIS WEEK DROP BELOW MOVING AVERAGE 30, You should buy some stocks. Choose SGRO, SMCB, ADRO, INDF, PTBA, ANTM, TINS, INCO, PGAS. DO NOT BUY ANY BAKRIE’S COMPANY.


Technical condition Still GOOD
1.Indonesia Stock Exchange (IHSG) in BULLISH POSITION
2.RSI (Relative Strength Index) above 50% line!! But it will getting lower than before.
3.MACD signal show SELL POINT
4.Green momentum line PULL BACK DOWN.

Distinguishing between needs and wants

Actually there is an appropriate way to address consumer example above is, we can identify the needs and desires.

Actually what is meant by the need? The need is something that is needed by humans in order to achieve prosperity, so that if any of these needs are not met then people will not feel prosperous or less prosperous. Can be said that the need is something that should be there.

While the desire is something additional to the expected demand can be met so that these people feel more satisfied. But if the desire is not fulfilled then the real welfare is not reduced.

To distinguish between needs and wants, must be viewed in terms of its function.
Sometimes you think of desire as a need that must be met.

This mindset must be changed, because if you can not distinguish between wants and needs then you are not familiar logical consequence expense items that need to differentiate and unnecessary. Being unable to distinguish automatically the respective certainly will not be able to control the expenditure, if this lasts surely you will experience or future financial lost known as a large wedge of the pole.

Then how not to become a deficit? There are two ways, first make additional efforts to increase wages or income, the second way is to control or control unnecessary spending.

IHSG FORMED ELLIOT WAVE

IHSG candlestick formed Elliot Wave, chart will decline for two or three weeks ahead. Watch out if candlestick break down Moving Average 30 days. If it do not broke MA30 you can start buy again. My suggestion now, just playing save and watch it.

NO suggestion to BUY if you follow my order before here http://ssstock.blogspot.com/2010/07/buy-antm-and-inco-nowwww.html. JUST HOLD IT!!!