Thursday, February 16, 2006

STI -Today


Looking at the intraday on the right sidebar, it would appear that the STI is shaky. As I mentioned yeaterday, one day up and the next down just indicate a nervous market. Despite the gain today, and the good Candlestick of a Bullish Harimi, I still stay cautious. Many factors forthcoming can change the faith of STI. On the upside, the Budget announcment tomorrow and on the downside, US's persistent interest rate hike can swing the bullish upturn dead stone!

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