MARKET COMMENTARY
 
The US government is standing by to inject more funds directly to the banks. This should come as good news for Tuesday. The seemingly positive news did catapult the indexes to a new high since the crash began two weeks ago, but only to see them crumbling down to a loss of 255 points [...]

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Market Commentary
The Dow rebounded strongly on Tuesday, raising hope that the Congress might vote for a new bailout plan on Wednesday. But the vote will only be held after market close. It will be a volatile session just as those in the past two days. If there is anything to learn from Monday’s crash, the [...]

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MARKET COMMENTARY
The Dow plummeted more than 500 points on Monday. Basically, the financial markets had been battered so badly that virtually everyone stayed away from financial stocks. The announcement of Lehman’s filing for Chapter 11 bankruptcy protection caused havoc in international financial markets. Across Asia and Europe, stock markets lost between 5-7% in one day [...]

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MARKET COMMENTARY
The Dow and other indexes made a big U-turn on Friday. While many would try to find the appropriate reasons for the big change of event, it is actually a technical one. Oil price is still a bad reason for the change. In fact, this time the oil price may be going up again [...]

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MARKET COMMENTARY
The market had started its trading session with a big sell-off, but finished with a small gain. This kind of trading would probably prevail for the next few days. In the absence of any major earth-shattering events, the key indexes will probably trade in a range. This sort of markets is not very profitable [...]

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