Wednesday 5 November 2008

Markets Up as Expected

As forecasted, the markets continue on the way up. It’s the US elections that are providing some stability at the moment.

The ASX 200 is around 4340 during closing time. The comeback is fierce on a long-term scale. It is approaching the 210 moving average line.

A very few analysts are providing more insight into this rally. Most appear to agree there will be more turmoil ahead. But, what is a stock market without turmoil?

Anyway, it is nice to see it coming back up.

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