ASEAN NEWS UPDATES                    Updated: 15 March 2010

• Thailand: Grenade attack raises tension as red-shirt protests
• Philippine economy seen growing 4.5%
• Thirty percent of Indonesian exports to China use FTA facility
• Japan to increase investment in Asean
• Vietnam to promote green vehicles

Paul A. Ebeling, Jnr.
www.livetradingnews.com
Optimism is back in the Markets
We are seeing Bullishness in US stocks emerge after the market’s now year long rally. This according to a gauge derived from data compiled by the American Association of Individual Investors* (http://www.aaii.com/)
This past week, Optimists (the Bulls) outweighed Pessimists (the Bears) for the first time since January Y 2008, 3 months after the previous Bull Market closed.
According to the data the average rose to 0.64 pt from minus 0.26 a week ago, due to an increase in the number of participants expecting higher share prices in the next 6 months and a decline in those anticipating losses.
However, even after the gain, the barometer is near its lows in April 2003, when the previous Bull Market was getting started, and April 1994, when the Internet bubble was about to begin inflating. The average hit bottom at minus 1.98 and minus 2.48, respectively. more

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