Economic growth uncertainties plus war fears do not bode well for the market and that's set to continue for the time being.

Companies are reporting results that are at least in line or even above estimates as brokers' forecasts have finally come down to reasonable levels.

The stock market in general looks attractive. Slowly but surely, the oil price is trickling down.

According to the current indications that sales growth in the first quarter will be slightly below our previous year on year rate of 20 to 25 percent, we expect pre-tax profit to fall significantly.

We see a lot of opportunity for growth -- mostly organic but we will make fill-in acquisitions if we need to buy in certain expertise.

The defense budget continues to grow but at this point, most of the growth is completely dependent on the war-related funding not yet included in the numbers.