MARKET COMMENTARY
 
Just as I had highlighted earlier, the market should rebound strongly when it bounced. This is because of an overstretched market. Basically, the market will bounce on any positive news, preferably major ones. The worldwide banking bailouts as well as the US direct fund injection to the US banks are really attractive news. This [...]

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MARKET COMMENTARY
We witnessed another day of rally. The Dow had the best show of two days of gain. It may stall on Friday, however. Or, it may have a volatile session. One thing for sure is the high possibility that market players are taking profit at this time for fear that the market will resume [...]

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MARKET COMMENTARY
It was a nice rebound on Wednesday, indeed. It was like a sunshine day after so many days of raining, not that the rally was actually good for trading. Looking at the way the market closed, it is possible that it will continue to be bullish for Thursday. One reason for the Dow and [...]

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MARKET COMMENTARY
Water is rising. Fishes are swimming. They are swimming your way! How glad it is for me to see the rebound while I am still shorting? No, I am not nuts. In fact the rebound is very healthy. It will give me the much bigger drop later when the rally fizzles. I often talk [...]

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MARKET COMMENTARY
The market ended the day higher, but the week a big loser. There is no trading on Friday due to US Independence Day. The trading will only resume the next Monday. The rebound is weak considering the fact that the markets had been battered badly for the week prior to the rebound.
So, what do [...]

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