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Friday 23 September 2011

Current Situation

Today JKSE moved in a very positive area closed at 1.7% gain. We saw today's trade was pretty volatile and the index was supported by most bluechips in the market with majority stocks moving flat in the market.

US market trim the losses in early trade, and now moving quite flat, while the EU indices plunged to losses before opening at green area, and it seems that EU indices will close a bit lower today.

The market seems to be waiting for another easing by the authorities of each region. And it looks like the authorities are trying to do some out of the box actions in order to win the market's heart. Nothing we can do but waiting for the certainty of the market.

No one knows whether a crash is approaching or fading, but we can get ready for the worst before it happen. Have a great weekend....

Happy Investing^^
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