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VCSC Daily - Beware of bull trap

Market Commentary

12 Dec 2012

Technical comment. We think a correction is in store tomorrow and it may extend to two or three more sessions. Investors should not chase prices on the upswings but wait for the dips before considering disbursing again or alternatively consider picking up blue chips which are still consolidating. Investors who have shares in their portfolios or have made no profit yet should hold tight and not sell because the correction should be relatively short-lived.

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