Tuesday 25 November 2008

First Glimpses of Recovery

Business Spectator - Buyers are watching and waiting

OK, so this is what it's like when the good news start appearing. After the first positive signs coming from China, this comment from Gottliebsen adds an icing on the cake.
There might be the first signs of a sustainable recovery.

Another fact is that, the lower the market indexes are the stronger the buying pressure gets.

The ASX S&P200, led by gains in Wall Street, hovers around 3600 after bouncing off 3200 level, reached last week.

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