Sunday, June 25, 2006

Outlook for the Week (26 June - 30 June 2006)

It is a new week ahead and i guess i should update the blog with my sentiments on how the market is going to react in the coming week. Well, the market ended on a positive note overall for the week, showing signs of recovery admist the otherwise poorly performed statistical week. Has the markets bottomed out? It will depend on Mr Bernanke and Mr Fukui =)

Expect further selling prior to FOMC which is on Wednesday and Thursday. July 4th is coming and Thursday (after the FOMC announcement) will be a good point to position for the pre-holiday rally (exit on Monday).

Ok, i am off to bed.....still owe u guys my research on Japan's Impact on the 2006 Global Financial Markets.

Article was amended on 29 June 2006 2.50P.M