Hang Seng Index drag the Markets Downs.

Today the KL Composite Index stage a rebound in the morning with most of the counter make a come back and climb a bit higher before it come down due to the factor that Hand Seng Index down nearly -814.22 points at 21,098.84 points in the morning after just 2 hours of trading. In the morning it looks very promising with Gamuda lead the way follow by Scomi, all the sudden I think the rebound has just started. But towards the morning session when it close, it was dissapointed.

In the evening session is a bit worst. At 4 o'clock when Hang Seng Index close down -692.25 points at 21,220.81 points, financial markets in the European market open down about 2% low. Pre-market for the futures of Dow Jones Industrial Average was down -114.00 points. People are expecting the market to open sharply lower when Dow Jones Industrial Average starts tonight. This spark another small round of selling in the afternoon market. The KL Composite Index downs for 8 days -6.01 points at 1,121.25 points. What did you think, fall some more ?

Another round of selling ? Or just that people feel that the sentiment of another selling is coming ? It will be a question to ask among our self. Did the counter 's still low enough ? Will it go up or go down ? A high and low hardly can be predicted. It just that how much profit that you want when you feel comfortable at that level. " When there is a certain portion of profits, should I sell my shares after I purchase it recently ? " (mmmmm................)

Last night Dow Jones Industrial Average open up almost +100.00 points before it come down to nearly -178.oo points and close down -56.58 points at 11,231.96 points. Will tonight Dow Jones Industrial Average make a comeback ? Please analysis the charts given. Usually when ever Dow Jones Industrial Average perform from the top and drop about almost to more than -2,000.00 points to -2,300.00 points it would indicated that the bottom is nearer and a rebound is likely to happen. Just make another guess on how the Dow Jones Industrial Average will fare tonight.

How would you determine a words of " rebound " ? Rebound can be specified into many terms. Some of the rebound are just for 2 to 3 days, the other would be 2 to 3 months rebound (this one is a bit hard to follow). Since the market has show the attitude of recovering in the morning, I can't tell you how far it will go and when is the right time to sell but I'm pretty sure that this is a Bears Market that need to pay some attention on it. Why ?

Inflation rate is going up, Bank Negara is going to raise up the BLR (base lending rate) in order to fight the inflation, crude oil prices still at high, political situation still unstable (a cross over of BN members to Pakatan Rakyat seems to be intact)