Since my computer is still in maintenance, I won't give you a lot of hints. Remember that our index is too high high now, and as I told you since several weeks ago, that our index is 'bubbling'. So, it's quite wise for us to Sell On Strength now.
Based on the wave theory that our index should be corrected since it had touched the point of 2970-2975. As I have warned people to take profit at that time, which was on Friday. Yet, now our index is moving to the wave 4, which is targeted around 2903-2910, around 1-2% down from the last index.
The indicators showed that there is a weakening in the trend that makes the 'BEAR' will come soon, the other sentiment that we must aware is the 'World Cup' event that is said to be the time to move their money to the football. Yet there's a proverb said," Buy On October, Sell On May & Go Away". This proverb is quite true.
For your information, based on Larry Williams 2010 Forecast, the peak has gone away, now we're waiting for the bottom.
As well as stocks, there will be on Sell On Strength on the counter.
Happy Investing^^
Disclaimer ON!!!
