Thursday, 28 June 2007

Could rebound today

Today could be a rebound day on both markets as the bears take a breather. Yesterday's positive close would also act as a support today. If you are holdings big blues, I think it is better to take profits on rallies and keep cash. I still some 'bullishness' in lower liners both in Malaysia and Singapore. How strong would this rebound be, well, it remains to be seen. I doubt there is much upside from here.

3 comments:

Anonymous said...

Bro, did you hear of Silver Bird? Heard it will fly.

Shooting Star said...

Nope nothing yet.. anything interesting happening there? But a couple of days ago, in one of the business papers, CIMB recommended a 'sell' on the stock. Hmm, could there be some interesting news taking place behind the scenes?

surewin said...

i also heard of PJI... just keep an eye to it, once it breaks its resistance and volume picks up, then let's go up!