The Dow's crash anniversary.

It was 6th of March in the year 2009,the US market tumbled below 6,600 for the first time since April 1997, it fell 281.40 points, or 4.1%, to 6,594.44.

The culprit is the beleaguered auto giant General Motors aided by its accomplice JPMorgan Chase’s giving it a bad credit rating cut.

It's a real bloodbath rattling throughout the world financial markets like a domino.

It also happens during the transition period of a newly elected US President.Bush passes the baton at 7,400 points while Mr Obama completed the 100th days finishing line with the spike down to usher in the new millenium of his Presidency.

TODAY,the 5th of MARCH 2010 is exactly close to one year being the anniversary of the Leap Year Dow crash.The Dow has just surpassed the 52 weeks bull pivot resistance and the previous high of 11,022.10 points will be achievable maybe in the next 100th days.

The Dow,Friday 5/01/10 is 10 market days to Quadraple Witching.
The Nikkei Futures expires in 5 days time.

9:30am:--A 50.0points bullish spike up.

10:30am:--No sign of opening gap-up being filled,an inverted bull within the upper shadow looking for futher light.

11:30am:--A slight pullback at session high holding above bull pivot.

12:30noon:--Consolidation time but still held steady at bull pivot support line.

1:30pm:--The second hour bulls still holding its breath at the bull pivot.

2:30pm:--The third time still holding at bull pivot and this time an inverted powerful bull sighted.

3:30pm:--The high of the day being established followed by mild profit taking.

4:00pm:--Ending the day with a bullish harami.
Friday's positive mood was aided by the government's official Nonfarm Payrolls Report which showed 36,000 job losses for February.(actual consensus 68,000)

The Federal Reserve reported that consumer borrowing rose by $4.96 billion in January, surprising economists who were looking for borrowing to decline by $4.5 billion. It was the first gain after a record 11 straight declines and it was the largest increase since July 2008.

Technically,the 52 weeks bull pivot resistance has been pierced through and the bullish strength is likely to be maintained except for some intermittent air-pockets descend.

Cambodia's new casino.

A Cambodian tycoon named Kith Thieng,the owner launched a $100 million casino near the country's border with Vietnam to attract foreign tourists and develop the country's fast-growing entertainment industry.
The Titan King Casino opens its doors on Feb. 26 in Bavet, a town in Svay Rieng province, about 120 km (75 miles) from Phnom Penh, covering 2.5 hectares of land and employing some 6,000 people.

Kith Thieng, whose business interests include hotels, fast food restaurants, a mobile phone operator and stakes in a bank and television station, said he wanted to help Cambodia's entertainment sector rebound after the global economic crisis. Cambodia generated revenues of $19 million from its 29 casinos in 2008, according to Finance Ministry data.
That fell to $17 million last year, with the decline attributed to a fall in tourist arrivals and rising border tensions with neighbouring Thailand.
Thais are a vital part of Cambodia's casino industry. Most forms of gambling are forbidden in Thailand, but thousands of Thais regularly visit massive casino complexes located along their shared border.
Kith Thieng said Bavet was fast becoming a regional centre for entertainment "much like Las Vegas and Macau".
Hear Sopheaktra, an assistant to Kith Thieng, said the casino would list on the Cambodian stock market, which was due to open later this year.

NagaCorp (3918.HK), is currently the only casino operator in Cambodia, with a licence to run any number of casinos within 200 km (124 miles) of Phnom Penh until 2065.
The company said last week it expected revenue in 2010 to grow by 30 percent as the global economy recovers, and forecast future growth would be driven by a surge in Chinese visitors.

The Dow Tuesday,02/03/10 is 13 market days to Quadraple Witching.

Nikkei Futures Expiry:8 market days to go.

9:30am:--A 40.0 points opening gap-up with a bearish spinning top.

10:30am:--Opening gap being filled partially,bullish engulfing checked the slide.

11:30am:--Retracement to near session high,bearish harami hammering.

12:30noon:--Pullback to near MAV pivot support.Bullish harami holding it on.

1:30pm:--Bull pivot resistance failure attempt,hangman and graveyard doji noticed.

2:30pm:--Dived down piercing through the MAV pivot support with further bearish hammer.

3:30pm:--The lowest point of the day being established.A morning star.

4:00pm:--Bullish hammering out the low.

A bullish start for March,an unshaven opener.A real low point has not been formed yet.Previous lower shadow of Thursday's region will be the expectation.
More merger activity and a plan by Qualcomm Inc. to buy back stock brought reassurance that business leaders expect the recovery to continue.

Markets got a lift from upbeat economic reports abroad and growing hopes European leaders will come up with a bailout for Greece. The Greek government is scheduled to detail deeper spending cuts on Wednesday.