Sector update 10/06 – 14/06

Last week was another wonderful ride down for the SET on the back of continued foreign selling, our analysis indicates that they have already sold back down to Feb ’12 levels so unless the Fed comes up with something unexcepted mid-week we’re under the impression that most of the selling is over. Cash is still a favourite for us at the moment, but we’re just nibbling away at some finally cheap co’s

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