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Friday, January 04, 2008

STI taken by Bulls...

Bulls in control after staying above trigger point. Good to c many rallies today and the past few days despite weakness in short term bulls. Today is intra day bullish and global index in short term oversold position. Rebound stats moving up but big picture yet to change.

HSI bullish tone but yet to be in control. Bulls are likely to take control later pushing it towards 27500.

Remain cautiously bullish...

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