Capital Essence’s Investment Blog- 錢途集團

This is Capital Essence’s “Cubes Speculator Bulletin” for October 05, 2007. Subscribers, please click here to login.

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This is Capital Essence’s Market Outlook for October 05, 2007.  Subscriber, please click here to login.

This is Capital Essence’s “Trading the Market” Bulletin for October 05, 2007. Subscriber, please click here to login.

Editor’s note: this column was originally published on Capital Essence’s CEM News on October 03, 2007. It’s being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

這是Capital Essence對2007年10月4日 (週四) 的市場技術分析。

週三股市因出現若干獲利回吐現象而略微低收，當日平均跌幅為0.5%。儘管大盤總體疲軟，但房屋建造商股票繼續逆勢上揚，漲幅超過3%。

總的來說，儘管房地產建築行業指數站上了410點，但當前情況仍不十分明朗，如果該指數能夠果斷地突破440點，則將為目標為550點的爆發打下基礎。大家都知道，自上週在“Exclusive Stock Pick”中作過介紹以來，該指數的累計漲幅已達15%。

來看主要股指：

上面是標普500指數的短期日線圖。該指數仍在7月高點阻力位的下方橫向運行。我們說過，這對多頭來說並非好事，但除非空頭能夠成功將股價推至9月25日低點(約1507點)之下，否則熊派觀點的論據並不充足。短期支撐位約為1525點。

上面是道指的短期日線圖。該指數似乎正在對由近期看漲突破點構成的支撐位進行考驗。技術面而言，這是正常現象。我們說過，只要該指數能夠守在13700點之上，多頭就無需擔心。

總結：截至週三收盤，大多數指標都已顯出短期超賣的跡象。股市很有可能出現一次超賣反彈，這最快將於今天發生。

(本文作者：Michelle Mai)

注﹕Michelle Mai為Capital Essence(錢途集團)撰寫技術分析﹐並為包括市場趨勢在內的數份金融市場投資通訊的首席市場策略師。如欲每日盤前收到更多最新分析, 敬請訂閱。

Editor’s note: this column was originally published on Capital Essence’s CEM News on October 03, 2007. It’s being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

Good Morning. This is Capital Essence’s “Market Outlook” (the technical analysis of financial markets) for Thursday October 04, 2007.

Stock finished slightly lower Wednesday, lost an average 0.5% for the day, amid some profit taking activities. Despite the overall weakness, the homebuilder continues to buck the trend, tacked on more than +3%.

General speaking, things could be a bit sloppy at current level though an advance to above the 410 level, especially a clear breakout above 440 would set the stage for an explosion higher, possibly into the 550 area. Just so that you know, the group had gained about 15% since profiled on the “Exclusive Stock Pick” last week.

Let’s take a look at the major indices:

The Standard & Poors 500 Index (daily) chart above addresses a short-term time frame. The board market index continues to drag sideway beneath resistant at July’s peak. As mentioned, this doesn’t look good on the bulls though the bears don’t really have any cases until or unless they manage to push prices to below the September 25’s low about 1507. Short-term support is about 1525.

The Dow Jones Industrial Average (daily) chart above addresses a short-term time frame. The blue-chip index seems to be conducting a test of support at recent bullish breakout point. Technically speaking, this is normal. As mentioned, the bulls should have nothing to worry about as long as the index holds above the 13700 level.

Bottom line: a majority of indicators had registered a short-term oversold reading as of Wednesday closing. And more likely than not, the market will kick in an oversold rebound as soon as tomorrow.

Until next time, good luck

(By: Michelle Mai for Capital Essence)

Note: Michelle Mai writes technical analysis for Capital Essence and is the editor of Capital Essence’s “Market Outlook” newsletter. To receive the daily edition, please subscribe. It’s now available at a monthly rate.