Sunday, January 30, 2011

Mkt update

Hey folk

I am back from call of duty. Is abit too late now to tell you that the correction is not over yet. There are still some room to drop. We are entering into the CNY week, a holiday season obey and celebrated by most chinese among the world.

The drop could last till after CNY. But for sure it will last till CNY for trading on Monday, Tueday and half day on Wednesday. Traditionally, before CNY the market will move up and then come down after CNY. But you are seeing the mkt coming down before CNY. Will it go up after CNY is still a question.