All major indexes are back at the SMA 200 line. Judging from the overhead downtrend lines and SMA 200, we shall see some pullback unless the bulls take charge from here.
Like YO-YO
The market acted like a yo-yo. Yesterday Dow Jones Industrial was down 115 and today it’s up 172. The blue lines might be the bottom for the short term. We shall see some upside to test the SMA 200 which acts like the dividing line of bulls and bears.
After Greenspan
The market obviouslly liked the news on the nominee for the fed chairman. So far, QQQQ has moved ahead of INDU and SPX.
Waiting for Maxxum 8D or 9D
I’m waiting for the next DSLR model 8D/9D or upgrade on the current 7D with 8 MegaPixel from KM. The possible 9D might be out of my range (under $2500) for a DSLR in a year. I suspect the price on DSLR will continue to drop as more advanced sensors are developped. DSLR will be more like computer that the price has been steady but with much more features, bigger memory & hardrive, and greater computing power.
Creative Zen Micro MP3 Player
I bought a Creative Zen Micro
