Rekomendasi & Strategy Top 24 Saham & IHSG

Closed sell 2800, 2746, 2720 at 2720. Profit +80p; +26p; +0p; +28p (closed buy 2.780).

IHSG menunjukkan signal three black crows (potensi reversal), tembus 20/50 MA, dan mendekati 100 MA di 2.690, bottomed di 2650/2.696, berpeluang mengkonfirmasi koreksi abc dalam 5/A telah berakhir, setelah gagal breakout 2.822, untuk target 2.822/2.910 (koreksi 10% dari record high) untuk mengantisiasi wave abc dalam B. Buy on runaway gap at open/on weakness sesi 1 (10/05): B7; pgas, medc, bbri, tlkm, smra, bksl, asii, unvr, bhit, bmtr, ggrm, doid, dild, smar, hmsp, bsde, ctra. Hold Buy 2700/2.720 & buy 2.650 target 2880 stop 2620. Risk 3.5%,Reward >10%.
Track Record IHSG: 25 Recommendations (19 profits: 2 break even: 4 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p
+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p). Total : 737 point - 259 point = Net +478 points = Average 19.12 point.

Update Daily Investment News

Look Ahead: Europe's Weekend Will Determine Wall Street's Week
http://www.cnbc.com/id/37038334

Retail Sales Probably Increased in April: U.S. Economy Preview
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHmZ4skEFumk&pos=5

EU Finance Ministers Race to Ready Euro Fund Before Asia Opens
http://www.bloomberg.com/apps/news?pid=20601087&sid=a46uNVxfKbAw&pos=1

Smart Money Betting More Downside To Come
http://www.cnbc.com/id/37027003

Cramer: Don’t Buy Till Dow 9,000
http://www.cnbc.com/id/37020020

Volatility at Highest Level in 13 Months
http://www.cnbc.com/id/37019510

Halftime: 10% Stock Slide, Signals End Or Beginning?
http://www.cnbc.com/id/37019501

Top 16: When the worst are over??? Be Prepared: Short Term Bearish vs Med-Term Bullish

Weekly Fundamental & Technical Outlook for Energies and Metals - A Disastrous Week for Commodities

Elliott Wave: 3 Ways to Be Prepared for the Next Drop in the Markets

Nothing shakes up your day quite as much as watching the Dow drop straight down 998 points (9.2%) on the computer screen. It gives you that horrible sinking feeling that something big is happening that you might not be prepared for. As Tony sang in the Broadway musical, West Side Story:
Something's coming,
Don't know when
But it's soon…
http://www.elliottwave.com/freeupdates/archives/2010/05/06/3-Ways-to-Be-Prepared-for-the-Next-Drop-in-the-Markets.aspx

The Afternoon When Traders Couldn't Trade
Watching the Dow plummet on May 6, I couldn't help but remember Dusty Springfield singing, "Mama said there'll be days like this, There'll be days like this, my Mama said." Some EWI subscribers also couldn't help but remember what Bob Prechter wrote in Conquer the Crash about days like this when markets panic and trades don't go through:
http://www.elliottwave.com/freeupdates/archives/2010/05/07/The-Afternoon-When-Traders-Couldn-t-Trade.aspx

One Year Later: Is The Bear Really Dead?
The optimistic extreme we've been waiting for has finally arrived
http://www.elliottwave.com/freeupdates/archives/2010/05/03/One-Year-Later-Is-The-Bear-Really-Dead.aspx