What is so exciting abt the budget? Our debt level has already reached its limit. If they say our GDP is up n up, why are the common ppl suffering? Perhaps only the selected few benefited. I believe it is the EPF buying to give the impression that the budget excites. Once they stop buying, the prices will retreat.
@Junichiro: stock market does not behave like what u think. it does not even care who suffers what. btw, traders don't trade KLCI component stocks. those are not trading stocks :)
@lextcs: u dun even know the diff between bull vs bull market. punt here & there like god of gamblers,lose money & blame other people (small2 doun wanna die, big2 trouble people) :D
I think it was only partly due to budget 2018. Compared to other regional peers, FBMKLCI price level was quite suppressed recently, while others were rallying. Maybe it's time for Fbmklci to play catch up now.
sure down a lot in the short term if change of ruling coalition cos govt institutions now holding a lot of stocks in the market compared to foreign funds.
I don't see positive market movement necessary to favour the incumbent government. We can have market rally and change of ruling coalition, both at the same time. US general election last year is a prime example.
Today could really marked the real, genuine, non-phony reversal after 6 months of correction. The volume today is of no joke.
sure will collapse like in 2008 klci down 100pts when BN fail to win 2/3 majority.also if BN loses likely chaos,govt institutions will dump stocks.only after govt steady handover market will rise
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....
lextcs
1,961 posts
Posted by lextcs > 2017-10-27 14:25 | Report Abuse
if this is a bulls march then its a one of the kind bull...silly bull