Market sense 10/11/2010
Yesterday Asia markets closed mixed. HSI led the drop amid profit taking. STI managed to reverse from red and close at highest point of the day tracking firm opening of Europe markets and US futures. Dow opened flat and closed lower. Most investors bet on a pull back after consecutive stunning performance from the markets. There are still actions to continue buy on dips and support the markets for any pull back happen. Sideline cash should be getting thinner but market sentiment remains extremely positive. Stocks Speculation remains in play as many are betting on more companies will be upgraded by analysts.
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