MARKET COMMENTARY
Despite the approval of the bailout plan by the House, the U.S. market tumbled immediately after the votes were out. A strong gain of 250 points at around noon had turned the day of trading to a loss of 157 points. This, indeed, is a very bearish sign. If you are a trader who [...]

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MARKET COMMENTARY
The market was quiet for the past two days. Volumes were less than half of what it had been recorded just a week ago. This signals calm before another storm ahead. The US government is deliberating a bailout plan for the economy on Thursday. Whatever decision arrives at will certainly jolt the market one [...]

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MARKET COMMENTARY
The U.S. Treasury’s plan to restructure bad debts from banks had boosted the market to a high that we have not seen for a long time. The last half hour of surge created a bullish mood for investing community. For this reason, we can expect a follow-up bullish session for Friday. Nevertheless, it is [...]

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MARKET COMMENTARY
It was a chaotic trading on Wednesday. Basically, everyone in the market sells. The financial sector has been in total ruin despite the Fed’s intervention. More banks are under spotlights for scrutiny for possible failure. Immediately, Morgan Stanley has flashed the red light when they seek fund from the Chinese. This is still underway.
The [...]

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MARKET COMMENTARY
The Dow is leveling off. Just as expected, it posted a small loss, with the S&P just slightly off the breakeven mark. Now, the critical moment is coming. Both indexes are poised to break down on Tuesday. This can be the confirmation of the end of rebound and the start of a reversal back [...]

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