Thursday, July 5, 2007

Profit taking at work

Today see profit taking at work, typical "buy on rumour sell on news" play, its pretty normal nothing need to be scared of. Think it is going to be in play for the next couple of days.

To me, the focus in the coming weeks will be the govt advanced Q2 GDP data (out next week 10/07/07) on construction sector perforamce and the CSC FY07 annunal report to be received anytime from now (to check out the progress status of its subsidiaries in m'sia and india. these have not been factored into CSC latest FY07 results end march 07 as well as the message from the mgt).

1 comment:

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