Wednesday, May 9, 2007

Profit Taking AGAIN!

With a sea of red in Asian & European market yesterday, hence today's market will likely be volatile. This is mostly due to profit taking prior to FED's announcement. With the FED likely to maintain their rates, Dow came back from a double digit deficit to close single digit lost this morning. Overall growth trend in the markets have not been broken.

My Views:

Mid to long term - Europe
Short to mid term - Asia / Emerging Markets
Tactical Investments - Energy, Property, Agribiz

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