DJ might retest 10,550 level before going further to top its previous high of 11,250. Otherwise a more severe correction will follow through to retest its lower level of 9,500 range.
Again, US & EU have the most influence to the world markets than China and other emerging markets. So when US sneeze, the rest will have greater change to catch flu. Hopefully not Swine-Flu.
Short-term to watch out: 15Jun - 15Jul 2010.
Intermediate-term to watch out: Sept - Nov 2010.
Best Trades at this economic condition: Best leading stocks with Innovative Technology, Superb Management or Outstanding Product/Market. Do not forget about Natural Gas, Silver/Titanium/Gold and Reverse ETFs too.
Wednesday, June 16, 2010
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