Last 5 days market summary
Market7/310/311/312/313/3
STI-51.64-29.69+24.26+57.09-112.39
HSI-841.40+203.72+290.30+427.41-1121.12
DOW-146.70-153.54+416.66-46.57+35.50
NASDAQ-8.01-43.15+86.42-11.89+19.74
S&P-10.97-20.00+47.28-11.88+6.71
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.

Wednesday, March 12, 2008

US Market Summary 11 Mar 08

Dow 12,156.81 +416.66 +3.55%
Nasdaq 2,255.76 +86.42 +3.98%
S&P 500 1,320.65 +47.28 +3.71%

The Fed promised a $200 billion booster shot for ailing markets -- and Wall Street answered with its biggest bounce in more than five years.

Take short long positions and offload when STI nearing 3000.
It will be a short rally as the rally in US market is too sharp.
Take short positions when STI nearing 3000.
Do not be trapped in this rally by panic buying.

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