Dec 17, 2010

What is in the shopping list today?

After declining in 5 straight days, Jakarta Composite Index (JCI) will potentially score a rebound. In today’s trading, investors may choose the stocks having large drop (buy on weakness). Here are the complete predictions as reported by Bisnis.com today:

e-Trading Securities:
JCI is moving in the oversold area and it has the potential to rebound. Today, the index is predicted to move within the range of 3,530-3,650. In yesterday’s trading, the index fell 2.37% (86 points) to close at 3,571.71. Foreign investors yesterday recorded net sell as much as IDR1.1 trillion.

Panin Sekuritas:
In the market today, there is a change to buy on weakness. JCI is predicted to move within the range of 3,536-3,600. Yesterday the index extended its drops after investors continued to sell-off.

Disclosure: No position at the stock mentioned above. 

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