US STOCKS MAKE A COMEBACK - END POSITIVE (CNBC)
The euro was around $1.24 against the dollar, after earlier hitting a four-year low against the U.S. currency.
DOW JONES - "What happens late in the trading day is the professionals come in and figure out what to do based on where the market is. And to my eye, the professionals came in and said, 'This market's on sale. And the economy is not going to the wrecker again, and so it's time to buy," Stuart Schweitzer, global markets strategist at JPMorgan Private Bank, said on CNBC - DO YOU BUY???
It has been a roller-coaster ride for investors from the sell-down yesterday and prices are really attractive as bluechips are trading at their support.
The closing price for STI will determine the formation of chart pattern - Pennant or double bottom?? over the next few days to analyse short term outlook.
Watch for the key levels for STI as posted earlier.
Trade with care.
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