Friday, December 7, 2007

Spicing up the Market

The Dow is most resilient, for four days it was up and up. This is good for Bursa as Dow has moved 175 points. A positive Dow on a Friday will neutralise wanton profit taking.

The bursa has similarly been up since Monday on the day Sime Darby re-listed. Government linked GLCs and funds have been pushing up the market to new highs very day.

So what is the possibility of the second liners and speculative penny stocks gaining today as most kaputed in the afternoon yesterday?

Like the joys in the reunion of the Spice Girls above, we hope there is a windfall of ang pows for punters on Bursa today!

Heartsong

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