Asian Market Analysis by experts

Asian markets were also boosted from good data coming in from US, Japan and China. The Hang Seng breached the 19000 point level. DBS Vickers director Peter Lai, said: "Pushing the index above 19,000 points was crucial to creating the impression that this is a bull market. But at this level selling pressure is very high. Funds that bought into the market at 12,000-13,000 points have already begun to take profit."

The Nikkei closed at 10,131, up 150 points on the day. The Hang Seng index rose 98 points to 18,889.

......So..???..what next..?

.....I think with All this GOOD NEWS, I can see a Bollywood film coming following success of 'Slumdog Millionaire'....It will be called 'Penthousedog ****poor'...!!...Boy will be poor and girl will be rich...He will live in Slum and she in a Penthouse....And their eyes will meet on a milk round....Father will try to shoot him down....He will live after being hit 100 times and while singing song, God will let him live.....!!

And then one day he will read a newspaer and realise that she is poor after all as her fathr in euphoric state bought 100 properties in Marine Drive and a eatyhquake triggered by Pakistan destroyed all houses....and he is back to square one...!!

...Oops sorry I thought this was a filmi discussion....It is of economy after all...Sorry..!!