Macro View of SET direction

--Sunday, 12 Aug. 2007 SET recent moving-down was majorly casued by the stock market turmoil arising from the American morgage loan credit crisis. SET is going to test 75 days moving average. If it fails to support, it will probably be moving down to 700.

--Saturday, August 11, 2007 Banks Add More Funds To Stabilize Markets: Central banks around the world pumped money into the financial system Friday, providing liquidity to facilitate the orderly functioning of financial markets. The European Central Bank lent $84 billion Friday to financial institutions, a day after providing $130 billion. Japan's central bank added $8.5 billion, and the Reserve Bank of Australia provided $4.2 billion. The US Federal Reserve injected $38 billion into the system in three increments Friday, its biggest one-day infusion since September 2001. To read More >>

--Friday, 3 Aug. 2007 SET (Thailand Stocks Market) index is now testing the previous low support which is around 25 days moving average. Since 29-30-2007, SET has broken the 25 days moving average only one time but moved above it the next trading day (14-06-2007). SET trade volume continues to shrink. Will this 25 DMA line be a support or not? Let MM show you. SET

Stocks discussion No.8 - 2007

APURE is already UP over 370%

since our call last April

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