Uncertain about enquity markets (2010-03-19 NZD analysis)

So, what we have to learn is to know how to change our stances according to "sudden incidents". I think everyone would short EUR now after the news that Greece may not be able to get financial aid from EU.

Today, I have done an analysis on NewZealand Dollar (NZD). We could see that the price has been following the downtrend for long time and it has just reached the top line. It is time for another drop.



The stock market keeps on fluctuating. Last time I said HSI would more likely to rise, but there is still worry which makes HSI drop. It is very unclear about the future movements of the globe markets. Let's stay calm and observe for a longer time before making any decisions.