Thursday, February 5, 2009

>Daily Market Preview (MARWADI FINANCIAL)

* The world markets again slipped into negative zone on concerns over pretty
weak state of banking sector in the US. We continue to believe that any
recovery in Equities is limited as worries continue on Global Economy. It
seems it will take a while before money start flowing into the system and
coordinated bail-out packages will have their positive impact.

* We therefore believe that markets are in uncertain times and it can still be in
the range of 2700-2850 in the short term. We advise trading with small profit
target and hedge your position partly with Index option as volatility may

To see full report: Market Preview 5-02-2009