Stock Market Books

Monday, January 21, 2008

Why did the regional markets drop?

Wires reported that the regional markets fell sharly over fear of US recession;India dropped by 5.9%, Hong Kong plunged by 5.5%, Shanghai down 5.1 %, Singapore slid by 4.3% and KLCI dropped by 2.15%.

Will the markets rebound tomorrow? Techically speaking, the market is oversold, rebound should be imminent.

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