Friday, April 30, 2010

Special Birthday Gift : Market Report on 30-04-2010

US Stock gained strenght last week on the back of impressive earnings. Since March 2009, we must accept that Global Economy (including US) is improving. Now, i believe that this is not an opportune time to deploy cash/capital into stocks. I personally believe that current marekt is slightly overvalued.

I urge all my friends/investors to remain cautious. I see many headwinds which can "derail"  the uptrend.

My final advice :
"Complacency can be your worst enemy" - Peter Lee