Saturday, May 30, 2009

Cover all bases

I sometimes come across report trying to cover all bases but very unfortunately it cannot help us to make any decision. First they frightened you - beware of double top. So, don't do anything. If you have position, should you sell? What they say however even it pull back, it may pull back to 7,500 level - around 10%



In case you keep waiting and that correction is not materialize, then watch out for break out of 8600. Breakout from this level will push the stock market higher. How high? Don't know.



Anyway, they say head and shoulder pattern is forming and should go all the way to 9700.



So after go round and round, they say there is a possibility of 10% correction and it can go up by 15%. Do you have any idea what to do now?

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