29 May '12, 10am

Boom Gloom and Doom

When all seems Boom Gloom and Doom in the month of May, the reverse happens. The following abstract… “However, having provided all the bad news…. here comes my technical reading . Technically, RSI and various indicators signal ‘oversold’ levels. The big boys, fund houses may have program buying at key technical support levels. Hence, there’s a strong possibility the market would take a short breather from these oversold positions. The Greek election is in mid June. Between now and then, this week is pack with heavy data Read more–> Related posts:Tug of war – Bull vs. Bear Ends. Financial market plunges. What’s next Daily Comment on the US and SG market (12/08/2011) Daily Comment on the US and SG market (15/09/2011)

Full article: http://thefinance.sg/2012/05/29/boom-gloom-and-doom/

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