BLOGGER TEMPLATES AND TWITTER BACKGROUNDS

Sunday, July 12, 2009

market direction

nothing to do..
so try try predict the market direction
w00t~


the S&P 500 index is currently below the moving average,
especially from august 2008 to april 2009.
economic downturn >.<

the distance between the index and its moving average
reflects the strength of the trend.
as you can see from the chart,
especially between mid august 2008 to march 2009.
this serious downtrend could result all growth investors to minum dettol.
but it could be an opportunity to value investors.
i think this is the time where value investors,
like Warren Buffett, Peter Lynch
start buying undervalued stocks.

the index is slowly catching up with its moving average,
so i think the market is slowly going to be uptrend ("bull" is coming)
it could be a few months time, maybe in october or november.
or...
the situation could be worsen.
its hard to predict the market direction >.<

but one thing for sure,
stock prices are undervalued,
the stock price doesnt reflect its real value.
you can find good stocks at a bargain price.







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