Wednesday, August 18, 2010

Market Recap: DJIA Snaps Losing Streak with 103-Point Gain- Aug 18,2010

Market Recap: DJIA Snaps Losing Streak with 103-Point Gain

CLOSING SUMMARY – INDICES

Surfing the website for almost 2 hours and still didn't have a clue about the direction of the market tomorrow. So far all the guess about the market for this week is correct.

Struggling to forecast for tomorrow's direction. 50%, 50%. I am lean to a down day tomorrow. But several indicators points to a continuous rebound not over yet. Therefore, no confidence in what to say about tomorrow. And same in cash position today again.

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