Tuesday, August 7, 2007

Technical Rebound Expected - Will It Satisfy???

So Dow Jones has recovered dramatically. Upped 286 points. Led by financial stocks that got their best prices ever. Deal making continues. The sub-prime issues seems to recede into the background momentarily.

So what will be in store for Bursa? Can we start at 22 points up just like we started 22 points down yesterday morning? Then we should work our way back to recover the other 22 points throughout the day. Do local funds have the muscles to do it? And the courage?

Let us watch the Bursa Saham KL drama unfolds............

Heartsong

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