Also for Malaysia should not have much impact as KLCI already at low level and if you look at US Dow Jones was from 15,000 (a break record level) to now 34,607. The US had advanced almost double whilst still in the original position.
At this price US printed a lot of US dollars or China billionaires will buy over MAY Bank , Cimb, MBSB,Tenaga Nasional,Telecom ,SimePlant ,Bplant....etc
Also Thailand businessman will buy over Supermx but not the poor Taliban government !!
Also to be alert that China holding 3 trillions worth of US bond.If Dow Jones market crashed down ,China will make use the holding bond to buy in US blue chip stocks and thus gain control of US financial market ,do you think US agreed ?
Crash all happen month Sept , check history , be careful , expect US correction. 15 to 20 percent , Dow Jones 28 k to 31k. Expected , KLCI will follow if US crash , 1460 .see u KLCI
DJ's fate is dictated by 2 giants, Apple and Microsoft. Both companies represent 42% of DJ index weight. DJ won't crash if Apple and Microsoft maintain the share prices. DJ index manipulation is worst than Bursa.
Calvin tells all one year already to prepare and hide in the utmost safety of palm oil should market crash later
Peter Lim the Remisier King of Singapore just before the Asian Financial Crisis sold all his shares and bought Wilmar the palm oil shares of Robert Kuok
He protected his capital and later turned into a billionaire because of palm oil
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....
calvintaneng
56,471 posts
Posted by calvintaneng > 2021-09-11 23:57 | Report Abuse
Bubble crash provided that Jerome Powell and Janet Yellen are locked away from FED printing presses
Any drop both will rush to print again
So stay invested and don't simply panic by rumour
If afraid sell some and switch some to the safety of palm oil