dow broke the psychological barrier 12,000 by closing 11,893 on friday.

STI closed 2,866 points on friday

set for downtrend, better to stay out for the moment.

meantime, look out for cheap bargains. do not buy all at one go

the dow fell 315 points on friday, s&p 500 dropped 2.71%

oil prices rose to $101.84, gold may hit $1,000 in march.

ben may be announcing another rate cut soon, he really knows how to time his announcements

dow currently at 12,307. still have room to fall 

i forsee another red week.

last friday's news caused a rally in the US but i feel dow may be testing 12,000 soon

oil prices currently at $99.61, USD - JPY at $107.3750.

best to make use of this small rally to clear stocks.

cut loss

Innovalues    $0.225  (- 0.015) downtrend formed

Synear    $1.03 (- 0.14)

market opens tonight with DJ positive, asian markets might follow tomorrow if the dow ends positive tonight.

my calls for tomorrow 20th feb.

   BUY

   Darco   $0.165 - $0.17

   Innovalues   $0.24

   Synear      $1.17

will buy at opening price if there is a gap up but only after 9.02am. 

greetings while u are reading this, i'll be using this blog as a diary to record down my stock trades for future personal reference.

Trades are made from 60% TA, 10% FA and 30% on news and current market sentiments.

DISCLAIMER: THIS IS NOT AN INDUCEMENT FOR YOU TO TRADE AND I WILL NOT BE RESPONSIBLE FOR ANY LOSSES. TRADE AT YOUR OWN RISK AND PLEASE TAKE MY POSTINGS AS REFERENCE, THANK YOU.