Dow Jones down again yesterday, but amazing, today IHSG still rose.
But, I don’t know what to do, I still have 3 million rupiahs in my simulation cash to spent.

I call my mentor again….what should I buy ?

He said : Don’t buy anything today, becuase there are 2 important news tonight.
CPI (consumer price index) and Oil Crude Inventory.
Please monitor the data at http://www.forexfactory.com

what is the result ??

CPI : 0.3% as expected…. IT’S GOOD….
Why ?
Because CPI index told that no worries about inflation in America….there is no problem with oil price, and big chance for The FED to cut again USD interest rate to solve sub-prime mortage problem.

And ss usual, if The FED cut the interest rate….the stocks price will FLY HIGH.

Oil Crude Inventory reported 2,8M. Previous data is -0.8M…..so IT’S GOOD.

I think oil price will decrease for a while (supply demand rule)

But, ……I saw Dow Jones index at 16-11-2007 00.00 WIT (Western Indonesian Time, GMT+7)…..DOW index still drop -55.20

So…what happen with IHSG tommorow ???

let’s see.

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