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Re: Jamestown post# 11

Thursday, 03/29/2007 9:25:49 AM

Thursday, March 29, 2007 9:25:49 AM

Post# of 19057
Glad to see that you post good factors which are affecting markets.

Asian markets are in bullish phase, as I noted for several days about China Market breaking above 15yr TL resistance at 3050; therefore the markets are in follow-up mode. Also, the Asian market is indirectly related to US market but the market has stronger momentum in Bullish sentiment and price actions.

Volumes are showing as expected, but the volume yesterday was a bit higher than the previous 4 trading days; AND we need to watch for the Market OPEN with GAPS which will likely faded, so need to look for support.

Good luck with trades
















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