When Are We Ever Gonna Get Noticed??

Sorry I wasn't able to post yesterday. I was doing some serious stuff. Really. Anyhow...

Whenever I hear broadcasters in CNBC about investing in Asia (ex-China), I always put my ears closer to the boob tube. They call some parts of Asia emerging markets. Apparently, the Philippines is not even in that list called emerging markets.

I wonder where we are? Submerging market?

Watch this clip if it's working. This guy's suggesting that people look at Indonesia. This clip takes a while to load, and I'm using broadband. Good luck to those using dial up hehe :-) Peace!

So Why Indonesia?

The Good
1. Strong domestic economy
2. Possible surprise in deceleration of inflation in 2008, leading to rate cuts
3. Consumer related stocks should do well

The Bad
1. Commodity stocks not so vibrant because although they export crude oil, they also import refinery products, so they're a net importer. Possible Japanese investments in oil companies could turn it around
2. Negatives: Election, political situation is always tricky in Indonesia.

The Ugly
1. Where's the Philippines?

If he wants tricky political situations, just look at the map, a little to the right, and you've spotted it. The beautiful islands of The Philippines!

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Here's another interesting clip. Mr. Bob Bruner draws parallels between "The Panic of 1907" to today's market volatility.

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Experiment #2 SINO and the RSI Divergence.



1. RSI Divergence confirmed at break of trend line. Price broke out of the 30 day moving average.
2. Volume is not convincing on a longer term picture, however, in the recent week, strong volume performance.
3. Watch out tomorrow. It is now lying closely to the 65 and 130 day moving average. If it breaks that resistance tomorrow. See you at somewhere near 0.50 to 0.53.

Good Luck!

* Disclaimer: Please be aware that this is not a recommendation. Chart reading can be subjective at times. Trade at your own risk.