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Sunday, May 5, 2013

Weekly Wrap

It's a short week as we have only four trading days for the week. As first week of May started, many of you may immediately think of  "Sell in May, Go away". This convention saying for many years, there are many years it's true and also many years it's not. As for me, I just don't take it much. My trade decision is based on individual stock performance.

Below table shows major indexes performance for the week, STI still looks bullish. I don't see any major reversal signal.

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