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remember BBs hv the first hand news which you and i don't hv.
Well, the mkt is always right. Seem to me the mkt already factor-in most of the bad news out from US. remember - NEVER NEVER go against the mkt i.e mkt jump (down) i jump (short) mkt run i run (contra/vest)....hehe...good luck.
Not that optimistic as most analysts on the streets had condemned the market. Today STI performance could it be a window dressing for most of the coy which going to announce their QTR result in Apr? As some of our sifus had posted this to share.
Now, Iraq street war had intensified, it will trigger the fear of shortage of export crude oil. Subsequently, that will push up the crude oil price. US oil stock pile also will affect the market? So many things happening in US will indirectly affect the global market.
The other country, China needs to be watched out closely, its stock market sliding everyday. I pitty those old folks borrowed money from bank to invest in the stock market. Quite a substantial population were involved, Could it be another sub-prime down there? Henceforth, be cautious in the stock investment. Currently, again, hit and run is still the parrot cry on the street. Cheers.
US Q1 GDP out tonight. Will be as bad as Q4.
I think DOWS will go tonight. However, we should be see bulls mid next week i guess as dusts have more or less settled