The SET Index Discussion

[Mp808]

16/6/2011 12:45 am

Dow Jones currently down 200 points (-1.66%) on concerns over Greece and also on the disappointing New York manufacturing data. Commodities plunge. It's not going to be good tomorrow. I'm expecting something like a 15 points decline in SET later today. But based on my track record in the past week in predicting SET movement, it might just go up 15 points instead.

Let's hope that China stays healthy because it is the only thing preventing the world from a double dip right now, in my opinion. Some are saying the US is in a stagflation. Europe is a mess. Thai politics is a mess. Japan will eventually increase demand, but not right now.