Hello there 

Happy Deepavali to those celebrating the festival !

I just back from a long holidays ...tiring but truly enjoyable.

The market is still trading "sideways " ie trending down ,the main reason being the many holidays during this period...You will notice that most active counters would have lost one to half their normal daily trading volume, This phenomena gives rise to more contra players selling than fresh contra buying. The nett effect would be a easing of share prices on most counters ...only counter with specific "agenda ' will break this trend.

One should watch at the sidelines and wait for fresh impetus and renewed buying which may come about as the holidays period comes to an end..and a normal week resumes ie next week..

This is my opinion of the market. 

Thank you

Chris Choo

http://traderight88.blogspot.com