Friday, February 5, 2010

See You At 8,800!

Ellen Chang has an exciting stock analysis to share with us. Take some precious moments of yours to read through.

The market could see a huge correction in a few months, says Dan Cook, senior market analyst at IG Markets.Investors are not buoyed by positive earnings reports, he says.“There’s still a lot of confusion in the market. We’re looking at a pretty positive earnings season overall, but as we saw (recently) it was basically ignored due to political conflicts and we’re likely to see more of that,” Cook said.Cook predicts there to be a 20 percent to 25 percent correction in the markets by April or May.“It wouldn’t surprise me to see a range of 8,800 to 9,000 on the Dow. There are a few individual stocks I like, but sector-by-sector, I’m definitely more bearish than what I am bullish,” he told CNBC.
The picture shows our lovely Sibu.


长竹 said...


Tony Hii said...

WSP, thank you for your encouraging comment. How is life with you nowadays? Is Sarikei filled with CNY mood?

Sarawakiana@2 said...

Pretty but the river water is still brown...hope one day it will turn clear like the Thames.

Tony Hii said...

CY, Sibu needs a lot of deep-thinking people putting their minds together to transform the place.

Anonymous said...

Well I agree but I think the brief should have more info then it has.