Monday, October 13, 2008

Market Rebound



A latest rescue plan that would inject billions of dollars into troubled banks in an attempt to restore confidence in the financial system has indeed let the Asian markets rebounded today.

I am sure all those who were holding short positions would have closed them off & taken profit by now after accumulating their profit for a period of time since the market turmoil started some months ago; and also be laughing their ways to the banks. Bargain hunters with watchful eyes, I guess, must be doing their calculations to enter the market anytime now; if not this morning.

Global shares rocket on fresh government intervention - Top Stories - MSN Singapore News - News
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