Tuesday, November 18, 2008

More down side in US markets?



If for now Dow Jones does not trade above 9000 convincingly or RSI does not get into oversold position, it will be very painful situation for the Bulls and Bears will tighten their grip and keep on hammering at every little rise. Due to this, even if Asian markets get into oversold position will not see strong enough pull backs and will continue to trade on side ways.