JKSE Midday

As I evaluated last night, our index seems can't go higher this time & yet based on monthly chart, we are in overbought condition and will be corrected further. Thus, we see that the monthly chart is now showing a bearish engulfing pattern & I highly serious cutting my losses ASAP.

Today is only a technical rebound for our index & seems we must try to hedge the risk of getting further loss by trading abroad this time. Personally, I also trade at US stocks & HKSE. This can hedge my risk.

My target remain the same, our index will be at 31xx-32xx soon. Get out from the boat now, the system I used is still under construction but soon to be finished by the end of this flash crash. Just relax, have your coffee, learn more this time & have fun with the market.

Best Regards,
Christopher Tahir
Blog: http://ez-stock.blogspot.com
MSN: chris_tahir@hotmail.com
YM: chris_tahir@ymail.com

Mail to my Y!Group:
ez-stock-subscribe@yahoogroups.com