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Thursday, August 25, 2011

Market is Consolidating at Bottom

Market is continuing wandering at bottom, it appears to me it's consolidating now before rebound, rather frustration...I see US market is forming kind of double bottom(not yet confirm). I'm caustiously bullish at this stage.

The fear factor VIX suged above 40 and come down a bit to below 40 last night.

Will update you again.

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