agree with author.. Our KLSE not RELEVANT Now.. it move contra from other country. I think anytime KLSE will crash when our Gov fund manager sell their holding..
2012-06-26 08:50
External market is not looking good but-but our local market (KLCI) is hitting a new high at 1,610. Something is not right. need to be cautious. better be safe than take any unnecessary risk. Government may support the market but again only limited to GL counters and blue chips. this is my personal opinion. go slow in this kind enviroment
2012-06-26 09:36
Sound advise. I am of the opinion that the Euro crisis can be averted with Germany taking the lead and after their court cases to get the austerity measures out of the way. US employment data is improving (Bloomberg) and with Operation Twist, Bernake seems to have a tight grip on the economy barring any contagion effect from Europe if Spain cannot get their act together.
Suggest to stay alert after the EU summit and sell on strength if positives are missing at the end of the summit.
2012-06-27 06:28
shimsihu
excellent,that is what i think.
2012-06-26 08:42