Friday, August 31, 2007

Bursa Celebrates 50th Anniversary of Independence

So we had a four day trading week. While the world trades on, we watch by the sidelines. Even though the Dow and S&P Futures are down marginally, the global markets are hopping mad with joy like Mexican jumping beans.

Tonight's Dow will be the determiner when Bursa opens on Monday 2nd September. The general view is an upward scenario. The sub-prime will recede; the investors will trade with calmer nerves and market will be less choppy.

Construction and property stocks should climb undeterred until the revealing of the 2008 Budget on September 8.

Heartsong


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