Asian stock market outlook week november 7 2011

Indonesia stock info Asian stock market outlook week november 7 2011 ; Asian shares rose and the euro steadied on Friday on hopes Greece will abandon a proposed referendum over a euro-zone bailout but investors remained cautious over a confidence vote later in the day in the Greek parliament.

Greece's abrupt call for a referendum, just days after a deal was struck to save the debt-stricken country from defaulting, sparked panic in global financial markets, prompting EU leaders to talk of a possible Greek exit from the euro to preserve the single currency.

Market outlook next week
After about 40 years of investing in the markets one learns that the markets are constantly changing, not only in price, but in what drives the markets. In the 1960s, the Nifty Fifty were the leaders of the stock market. In the 1970s, stock selection using Technical Analysis was important, as the market stayed with a trading range for the entire decade. In the 1980s, the market finally broke out of it doldrums, as the DOW broke through 1100 in 1982, and launched the greatest bull market on record.

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