Market resisted sell-off (6/30/09)

chipmonks

chipmonks
Just a collection of my ideas about US and China stock markets. Let's ride the waves of the markets to financial freedom!
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Market got back some ground off the lows of the session. It's remarkable as market showed some resilience. The new uptrend is slowly unraveling as shown by Nadaq's strength and S&P's toughness. Even though DJ is still weak, I wouldn't worry about the broad market. ISM Mfg Index will be released tomorrow. It should provide valuable insight into the status of econ recovery. My position is up to 90% now. The rest of 10% hasn't reached my ideal entry point yet.

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