Corporate fundamentals are improving, but we really have to be more careful now and the market needs a break after the rally. |
It would be worrisome should foreign investors adopt a cautious stance next month. |
The market's upside is very limited and we don't expect any particular big-cap stocks to lead the market even though some small-cap growth issues have been doing well recently. |
The Merrill Lynch report had significant impact on investor sentiment, which was already weak when the index failed to pass 6,700 yesterday. |
Worries over political risks have eased and sentiment has improved. |