Market heading for a strong rally

With the positive news that the developed nations are acting together to avoid the major financial melt down, the global stock market is heading for a strong rally. The STI is showing strength in the surge yesterday.



This is probably the strongest one-day rally we had ever seen. Today, it maybe more buying as US and European markets all showed strength last night. Expected to rally for a period of 4-6 weeks before seeing next wave down. There will be a mad rush to buy this week. That may push the index up by another 200 points before investors start thinking again.