Friday, July 15, 2011

Morning Market View 15th July 2011


With inflation still not reined in and economic outlook of western economies hazy, it is no surprise that all rallies are being sold into. Positive indicator is the good amount of foreign money coming to our markets. Individual stocks with good fundamentals are seeing positive price action on the back of smart money chasing them. Overall it is not a bad market as money marking opportunities are still plenty.

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