Posted by: timetraveller January 4, 2007
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The Nepal Stock Exchange is composed of 100% financials. HOW'S THAT FOR HARDCORE INDEXING AN EXCHANGE?
haha...
but the market has been bullish for the past two days. I am still bearish and expect a correction. Store sales as most people knew were disappointing but that has been discounted a bit already before the holidays.
It is also interesting that oil prices have fallen.
I'd wait for a while here before jumping in.