Wednesday, November 29, 2006

DreamTai Stock Trading Software:Wednesday, Nov 29, 2006

(c) Dreamtai Stock Trading Software

Disclaimer: For education/entertainment purpose only. Invest at your own Risk



On Tuesday, the Dow closed at 12136 which is 14 points higher than the previous close of 12121
Note that the trend has changed as the index has gone below the upwards trrending channel.

Please try to take profits and offload part of your long positions.

The next support level is slightly below 12000.
If the index goes below the support level, the trend is supposed to have fully changed.

It is safer not to enter any new long positions at this time.










(c) Dreamtai Stock Trading Software