It was an emphatic rebound today for Asia markets as I hope most people cash in on this rise as advised.
Disappointing reports from big names like Apple Inc. and Motorola Inc and poor futures indicate a lower open for the US Market.
If Asia market fail to substain the gains tomorrow, I would advise you to continue shorting or buying index put warrants.
It would be crucial as traders speculate how much more will Fed cut next week, I feel that no matter Fed cut another .25 or .5, we would definitely see a much worst market unless there is any concrete plans to tackle the current situation.
Wednesday, January 23, 2008
Technical Rebound in Asia as poor futures point to Lower open for US
Posted by Anthony Song at 10:29 PM
Labels: dow, nasdaq, snp, us market summary
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