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Wednesday, 6 July 2011

Personal Market View - Market sense 06/07/2011

Today morning marked a second day of profit taking but mostly limited to index stocks/blue chips. Counters especially banks are having a bigger pull back after strong run-up.  Kepcorp, Noble, Singtel are pulling back as well. Property counters remain firm.

Since yesterday, the interest on second liners and small caps have been getting stronger. There are many counters in play, just watch the top vol.

A mini bull run may be standing by once sidelines cash are coming back slowly.

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