91. They could be around a while, since any financial rebound is likely to take years. 92. Thus, it is still too early to predict whether the recent market rebound is the beginning of a sustainable recovery or just a flash in the pan. 93. Various officials at the Federal Reserve are beginning to talk more optimistically that an economic rebound may be just around the corner. 94. Foreign investors were reluctant to return to the market Wednesday as they were not sure whether the recent rebound was sustainable and whether the dollar has actually gaining strength. 95. However, if the rebound in the global economy is not so strong as anticipated, Paloranta admitted he may have to write it down further. 96. A dealer with Panin Securities said the market rebound was purely technical after recent profit taking. 97. Brokers said the late rebound was also attributable to selective buying from retail investors. 98. But analysts warned the rebound was unlikely to be sustainable. 99. But the agency admitted that the rebound was partly a reaction to depressed activity in the March quarter which was adversely affected by the Kobe earthquake in January. 100. Dealers said the rebound was technical with fundamentals mostly ignored, despite some reasonable first half result announcements. |