Tuesday, 23 February 2010

What is market direction?

Reporting season is in focus now. As we can see, the result didn't disappoint, it is sort of confirm that we have indeed turn a corner. Even the Greece news failed to trigger more downside. Of course, the risks are still there. But I sort of feel that, the liquidity out there is huge, still searching for value from every drop.

We are not sure how Europe problem will turn out, but I am kind of optimistic still. Waiting for the occasional bigger pull back to buy my favourite stock.

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