Saturday, June 6, 2009

indication?

just an indication when the S&P closes in the opposite direction of the DOW. yesterday S&P closed in the red while the DOW closed in the green. however, both closed below their respective opens. but with the S&P being a broader indicator of US stocks, we can roughly pick out some signs that may tell us something. further down move may be seen, contrary to my bullish stint on the STI.

just have to watch out as STI may be shaky on the upside on monday, and from tuesday onwards it should be clearer.

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