Another update on Citigroup. After a good news from Alcoa the market boosted but seem like not very much convince due to one company cannot judge the mkt in US is recovered and Alcoa also committed the China is the happening place now so does it mean more jods lose in US and increase or stable in China?
Japan come out with a report today the the industrieal use machinery sales does not willing to expend their production yet.(Pls chk out yahoo finance)
Citigroup may keep the side wave for a while. As predicted in last week the resistance remain heavy to Citygroup to break unless they buy back the shares.
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