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Week Ahead

With China Markets opening after a weeks long break, and rumours that the Chinese govt may be taking steps to improve the property markets, plus the passing of the bail out, expect a strong rally early next week when market opens. 

However, the market will probably close off than intraday highs given that short term speculators betting on the passing of the bill will be tempted to profit take. Short term traders may also be tempted to sell on strength to exit the market, given that the bailout has not been hailed as a 'end-all' solution to the economic crisis. 

Oil prices are expected to increase with the passing of the bill, so shares like SIA and Comfort may be detrimentally affected. However oil prices are expected to stabalise at current 90-100 levels.

 The above are just my 2 cents worth of analysis and not an induction to buy.

Cheers