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Recovery at corner?


Tigershark1976
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Recovery at corner?  

73 members have voted

  1. 1.

    • You can continue dreaming..... its just the begining of the recession!
      63
    • dont you read the News how the share market perform today?
      10


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The share Market all over the world bounce rapidly... ST Index bounce back by 128.02 today... The financial package intro by US & European country boast the confident of the invester... waht do you think?

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i think its more reflex action by fund managers and major investors looking for cheap stocks...

 

i also think its cheap but dun dare to buy

 

small timer like me still on the sidelines... once it drop, it drops fast i cannot tahan

Edited by Ngck
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People are either entering the market because the prices are low and some optimism is being thrown out, or cutting losses by selling off, which encourages other people to buy.

 

The fact is that the fundamentals of the current stock market are badly shaken by the bank crisis and those haven't changed.

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Past 20yrs STI chart has shown that everytime it crushed, the time taken to crush is about the same time taken to recover. i.e price drop quickly is likely to see recovery at equal speed. Well, these are just past data. I would think the recovery will be as quick as it fell this time also.

Edited by Shern25
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just one day rebound can't tell much ... wait a few more days ba ...

 

 

Yes, compare how much was lost versus how much was returned, it's a far cry.

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