Wednesday, March 5, 2008

US Market Summary 4 Mar 08

Dow 12,213.80 -45.10 -0.37%
Nasdaq 2,260.28 +1.68 +0.07%
S&P 500 1,326.75 -4.59 -0.34%

Wall Street closed mixed Tuesday, recuperating from a sharp plunge as investors snapped up bargain stocks on rumors that a bond insurer rescue plan is progressing and upbeat comments from Cisco Systems Inc.

We should see some rebounding from the Asia Markets today as it is getting too oversold.
Load small lots of index counters like Singtel etc, and take proper cut loss procedure should it continue to drop more.

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Brain Bliss