Risk-Reward Market

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The January Effect

The first day of trading in January is very important in deducing whether the rest of the year will be a bullish year or not. Seems like we will get a bullish year. STI and DOW closed on the high yesterday.

Nope, it's a problem

Given the problems with the Euro zone again, bullish calls are off. We will have to wait for December to see if it improves.

Last week of November

Saw a reversal of morning star last Thursday with a pause on Friday. Looks like a bullish last week of November if the Irish bailout has no problems.

We got a good Rally....

Now time for the bears!

November

November is here! We had a jittery October. Right now is that we are shy from the highs - Another resistance to break. If DOW can break it, then we are up for another good rally.

Oct

Been really busy this month. October seen a rally that keeps pushing forward. But right now are we at a market top?