Nasdaq 100

Nasdaq 100 (short term 15 days)

trend: neutral
expectation: falling back to 1.750, then run up to 1.850

Dow Jones

Dow Jones (short term 15 days)

trend: neutral
expectation: falling back to 12.100, then run up to 12.750

Gold can fall back to $800

The price of gold can fall back to the $800 level in the comming months without breaking the longterm uptrend. For the shortterm the bullrun is over and traders can pick up short positions above $935.

Dow Jones still negative!

The Dow Jones is still in a negative trend and only a break of the resistance level at 12750 can change that. On the downside the important levels are 11750 and 11600. I think the dow moves to those levels soon.

Oil is soon going back below $100

The oil price is soon going back to the resistance

Who's next? Lehman is next!

After the Bear Stearns drama now the market is looking for a next victim.
Lehman can be next, it's now trading -26% in premarket trading. I think it's just a matter of time before another firm collapse. So don't buy the financials.

Bear Stearns (Part 2) Don't buy!!!

Bear Stearns is now in freefall! I told 4 days ago that at $50,- we take a look at the stock. Now $50,- broke, $40,- broke and $30,- broke! Don't grab a falling knive! So don't buy this stock!

Intel cannot break resistance!

Intel didn't break the resistance level at $21,50 so now the stock can go down again till the support level at $18,-. I think that Intel goes down to $18,- in a time periode of 3 weeks.

Nasdaq 100 about to drop 8% in 1 month!

The Nasdaq 100 is about to drop 8% to its support level at 1600. After the sharp move up yesterday there could be some positive momentum today but that's short lived. If the 1600 level breaks then there's a major support level at 1450. I think the index can now drop very fast to 1600 in only 1 month and then we see further.

The Fed gives a perfect selling moment for the S&P500!

The current strenght in the market given by the Fed is a perfect selling moment for the S&P 500. The positive momentum is soon going to change and the index can go lower to a level of 1225 in a time period of 3 weeks. This Fed move is a signal that things are very ugly out there!

Bear Stearns sell off!!

The recent sell off in BSC is not a buying opportunity but still a moment to go short!
Because the support level of $70 is now broken the stock can go further into freefall to a level of $50 in a periode of 4 weeks. At $50 we take another look at the stock and see if there are buying opportunities.

Thailand's SET could come under pressure. But great buying opportunities at lower levels!

The SET didn't break above the important 860 level. The SET can now fall back to 800 and if that level breaks the january low at 725 comes in sight. I expect a fall to the 725 level what is a good buy opportunity for Thai Stocks. Thailand profits enormous from the growth in the region and i think a slowdown in the US cannot change that.

S&P 500 in for short rebound next week! But don't get excited!

The S&P traded last week near the low's of january and it seems that it's just a matter of time before those levels crack! Next week i expect a short rebound to 1325 and that level is a perfect selling moment because we are still in a bear market.
I think that the hedge fund worries will trigger a selloff to the first support level at 1225. Hedge funds brought the market up the last 4 years but when they cann't meet their margin calls anymore you got to think twice! They have to sell at any price so stocks, no matter good or bad, they have to go down. Sure the souvereign welth funds are going to buy stocks they like but they can easily wait untill they see a nice price.