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Wednesday, October 14, 2009

Market Status


Dow seems to reach its current peak. The momentom indicators are showing sign of weakness since August.
As in local market, some blue chip such as Noble, Olam or venture still look healthy. Bank counters does'nt look attractive to me. Creative is still in weak vol so i am afraid downtrend may still intact.
Overall our local market still weak as they are many counters transacted in weak vol this period.

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