Even the KLCI is at all time high, most of the stock prices are not at all time high. It is not true measurement of all time high for most of the stocks.
yes, we all know how easy KLCI index could be 'controlled'. So, we need to be informed. If possible, buying blue-chips or those KLCI-index linked counters should do us well.
yeah, 1600++ high doesn't reflect the "actual" market condition. It will stay above 1600 until the impending GE. After the election, you guys know what would happen then....with the rise of tariff, sugar, flour, GST.........
Blue chips led the way to propel the index above 1600...if this rise is for real, then it needs to stick and not fall off the perch immediately, thus more index linked counter price support will be pushed up. I see rotational play coming into effect...after blue chips, quality mid caps (especially govt linked)...
What now that we have attained a new high?? Will this act as the catalyst to push other quality stocks higher in the coming days, as well? Or is this just another charade played out by our beloved govt?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
usry
1,202 posts
Posted by usry > 2012-04-02 15:57 | Report Abuse
Index higher but participant is slow..that means.....??