Capital Essence’s “Swing-Trader Bulletin” for June 24, 2008. Using proprietary tools and candlestick charts, the Swing Trader Bulletin establishes near-term market bias and identifies patterns, trends, support and resistance levels, moving averages, attractive entry and exit points, buying opportunities.

Capital Essence’s Market Outlook for June 24, 2008. Daily Market Outlook is the technical analysis of financial markets. Features Technical Analysis, Trend Prediction, Stock Picks, Option Strategies. It designs to help investors to understand how to time the market, when to entry, when to exit, how to pick undervalued stocks, how to limit investment risk with right strategies.

all we have, so far, are sell signals. So we’d continue to look for lower prices. As noted above, if the Dow slips below the March low, the selling should accelerate, perhaps finally reaching the selling-climax condition that can lead to a tradable bottom. One warning: the market is getting very close to an oversold condition, so do not get caught going long into a sucker or dead-cat bounce. For a significant or final bottom of the bear market, we need to see a turn around in the financial stocks and that doesn’t seem likely in a next couple of weeks.

到目前為止我們看到的都是賣出的信號，因此我們繼續看跌大盤。正如上面提到的，如果道指跌破3月低點，做空動能將會加速，有可能最終出現恐慌性拋盤，從而砸出可買入的底部。提醒一下，目前市場已經非常接近超賣狀態，反彈出現的時候不要盲目做多，以防被“死貓反彈”行情套牢。要斷定這一輪熊市出現重要或終極底部，我們需要看到金融股真正回暖。但是這一局面未來數周可能還看不到。