12/18/07
ECB is pumping $500 billion into european banking system to ease tighten credit market. With US stocks index are trading breakout the 2 days Falling Bulls Wedges and close positive, expect season hoilday quite trading on coming days. But friday is so called triple witchs ( Options expire for stocks, indexs & commodities), it may has wider intra-day range trade for that day. Dow may retrace more upside before heading down again since all indexs are not oversold yet. Solar stocks are still relative strong and it seems keep this way for the rest of the year unless stock markets are breakdown below 12800 level.
Tuesday, December 18, 2007
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