|
PureBytes Links
Trading Reference Links
|
Hi kids,
Glad you asked. ^_^
Most of you will already have the Nikkei and Topix numbers by now, so
I won't repeat ugly details.
But the internals were something else:
On the Tokyo first section, 27 advancers, versus 1,519 decliners. For
a market that a couple of weeks ago was up 47 percent on the previous
12 months: 7 stocks made new 52-week highs today, and a remarkable
204 made 52-week lows -- a complete reversal of the kind of numbers
that were being routinely generated only 7 trading days ago.
I told DT this thing was going to be a tough patch in May. I didn't
expect this kind of ugly, really.
Somewhere around here there are some possible bargains lurking. But
it's falling-daggar city right now. The 200 sma is an easy target
now. Buying before it tests that is probably a sucker's bet. The low
for the calendar year is about 10,300 on Feb. 10. I don't think so,
but it could get real interesting with both China and the US looking
to tighten. The free ride for buy & hold is over, folks. The dip
buyers are going to have to be more clever now, too.
Best,
Yuki
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|