Tuesday, 21 August 2007

A slight pullback

I am expecting a slight pullback in both the STI and KLCI today after yesterday's steep rebound. Nevertheless, I think the rebound still has legs and could last up to the next 5-10 days.

Looking further, I believe that there is still room on the downside. The indices still needs to consolidate to rebuild lost momentum. So, be wary in September!!

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