Monday, June 22, 2009

Sign of 2nd wave market crash / correction ?


























(Graphics from Poems.com.sg and my.yahoo.com)


Look at the chart you will know what I mean. Recent bull market is based on speculation without economical foundation. Seems like 2nd wave of market crash and market correction is coming.

Please be careful when you enter into market now. Those who in the market, I think it's rational to leave now. Most of the companies out there are suffering from losses and are still retrenching, and yet stock market has been doing well, it can't like that right? Certainly something is wrong and could be the people has no where else to place their money but speculation. And when companies start to release their second quarter financial report, the market can get worse.

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