Biz Direct MarketKnowing When To Make A Good Decision

The shipping industry in Singapore may have taken a backlash from the current global economic crisis but this is the industry to watch when the economy recovers and see growth. One of the bigger shipping companies in Singapore, NOLs share price performance is lagging as compared to other shipping companies and the overall market performance. Nevertheless, its share price has doubled since the

The Sensex is best seen on a weekly chart with upper resistance levels are easily seen. The most important feature is the uptrend line. The break below this line changed the function of the line. This is now acting as a resistance level for the rising trend. We expect to see the index rise to this line and then retreat from it. Support is provided by the value of the lower edge of the long term

Continuing economic developments in this vibrant country has lifted the Vietnam equity market to a new 17-month high. The VN index of HOSE rose as high as 594.32 points before settling at 580.90 points. The 595 points level is a 38.2% Fibonacci level from the 2-year bear trend that started from the highest level in the index in March 2007 to the low in February 2009. The benchmark index rose 34.2

Rubber futures prices soared to 11-month in mid of September at JPY$218.4 per kg after breaking the JPY$214 resistance level in a second attempt but the rally failed to extend further. Price of rubber futures (RSS3) in TOCOM then pulled back 7% to close at JPY$199 on September 30 lower than the closing price a month ago. Rubber price fell JPY$12.7 or 6.8% month-to-month.The short term 30-day

The Malaysian equity market moved into a minor correction after making a 15-month high in the previous week. The FBMKLCI shed 9.71 points or 0.8% in a week to settle at 1,208.35 points Thursday. The local market was rather defensive and did not rally like the rest of the regional markets. Investors and traders were not so confident about the market making new highs and started to take profits.

A month ago I wrote in this column that the market has a good chance of dropping to around 90 or even lower. On September 17th the market created a short term bottom at 88.22.Although the market is currently rising, at 89.96, the rise is expected to be very short-lived. Another drop is expected soon, to test the December 17, 2008 low of 87.11.Click here to continue reading (Market Insight):***