Seeking Alpha

Nojus'  Instablog

Send Message
My blog:
Apie Investavimą Paprastai
  • Investing Ideas_03 02 2010 review 0 comments
    Mar 2, 2010 5:57 AM | about stocks: ABC, LNC, GDF, ACL, ACC, USD, JSC, PZI, IEO, FTA
    So we have a very clear situation in the market. We are in the Bears’ area now. The resistance level is in front of us. If the Dow Jones crossing the resistance (10 438) in the short term, we’ll have an opportunity to cross into the Bulls’ zone.

    The market has a potential power to do so. It is important that this be done in a relatively quick time. Otherwise, other support and resistance levels will forms.

    This means, the situation in the market will changes and it will need to be evaluated differently.

    So we are looking at the situation in the market today, are estimating today, are deciding today.

    And we will have another situation tomorrow, and the others decisions.


    Dow Jones daily chart:


     Investing Ideas_03 02 2010 review

Back To Nojus' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.