Nothing Much To Do About Bernanke Re-confirmation

Last night Bernanke Vote events proved the classical saying: Buy on rumor, sell on news continue hold. Before his re-confirmation, market was so excited, and it was selling down after his re-confirmation.

It's really frustrated. But market is markt, is always right. Dow and S&P went back down to their low one day before.

As for STI, I'm watching the low of it, at around 2700 level today. And individual stocks are probably "undo" their yesterday's gain...as mentioned in previous two post, continue watch the stocks for their support level.