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| Friday, October 05, 2007 |
| Low Volume again |
As of now, the volume is rather low. Not much activity going on. It is quite a directionless day. People seems to be on the sidelines unsure whether to profit take or to hold. On one hand, there is the China influx of liquidity which will impact us on a domestic scale, while on the other, we see weak economic data in the Western part of the world. We aren't confident of our own market and most probably waiting for China's holiday to end. More and more factors seem to affect our market. HS indicators, DJ indicators, SSE indicators, STI indicators, and maybe Nikkei indicators. Indicators in this sense of the word includes economic data, macro news as well. So whether our market goes up depends on how we weigh the seriousness of the situation.
I have a feeling that come Monday, if DJ closes positive, and SSE surges, we will see the continuation of the run. |
posted by Nenix @ 2:39 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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