As I had noted in the weekly market outlook for Sept. 11-15, 2006,「Technically speaking, last week (Sept. 05-08, 2006) decline was operated on an absent of selling pressure. So, without a “real” increase in selling pressure, downside risk should be limited. That is, as I’ve mentioned, if market survives this sell-off, it could be setting up for a wide range rally that’ll take [market] to the 2006 high or better – see “The Bear is Growling September 08, 2006.... 」, as predicted again, “market is set to buy into this triple witching week” – see “The REAL Driving Force” September 13, 2006, and as strengthen it again in the market outlook for Friday, “Bottom line: … my expectation remain the same...”, now let’s check the reality, just as expected again and again, equity market ended higher last week with the Dow Jones Industrial Average added 1.43% to 11,556 – it’s within 1% of May’s high. The Standard & Poor's 500 Index gained 1.59% to 1,319.56 – the index is less than 0.5% from May’s high. The NASDAQ Composite Index rose 3.66% to 1,632.41.
Just so that you know, for the CEM News Subscribers, either you are an active day-trader, or a short-to-intermediate-term player, or a long-term investor, all can find the right picks you like, such as: the stock mentioned in the real time alert for high volatility play: ADBE, up +$3.35 (+9.96%) in just one day after the alert; and the recent picks (Long) on the Daily Watch-List also went up just as expected, such as, JSDA up +$0.82 (+9.99%) in just one day, so far already up about +13%, LAB just picked last week, also went up about +13%. What’s more, all the stocks picked in “September Exclusive Stock Pick” went up more than +11%, they had been featured in CEM News on August 26, 2006 and reminded again in “Emotion ran high” on September 12, 2006 ......
From: CapitalEssence錢途集團
