Investment Feeling on 01-Apr-11

A new start of the month, STI index has closed above 3100 level at 3120 pts. The investing atmosphere in the past 1 week has been improved significantly from previous bearish trend though current situation (e.g. Libya war, Japanese Nuclear crisis) still remain uncertain at the mean time. The overnight Dow Jones market has remain bullish with the reduce of unemployment rate since 2 years. So the next week STI market will be looked forward to the next level of resistance at 3200 pts or even 3300 pts (provided strong bullish if nothing big happen on next week.