Wow...market damn bad today huh, despite Dow's rebound of 286 pts last night. Opened up 54 points but closed down 6 pts down, with volume of 2.5 billion.
Most of my counters went down again, esp the much battered construction counters. Simply no catalyst to push the price up, given the bad sentiment. But straits asia went up 0.050 after yesterday's announcement of fidelity funds increasing their stake. Swiber went down again...
Hmm, when will value investors come to rescue us? haha :) Only heaven knows...as the song goes...
I'll be extremely busy with capitalised E these few days. Holidays is not meant for me cos I'm actually busier. No time to look at market, no time to worry too, haha :P Might as well, given the state we're in. Are we going to have a NDP rally in the stock market? We'll know tmr :P
FED meeting tonight, see what kind of bullish or bearish undertone marks the statement of Ben. Interest rates is supposed to remain unchanged. Dow drop 12 pts, Europe all green :P
Tuesday, August 07, 2007
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