from the technical view (*not 100% accurate), it seems to be a technical rebound since KLCI still at 1200 upport lvl,,, close one eye and watch the show for today la. Most of it inside the market are all rebound hunter, be cautious.
This is not the case of i read news, i get spook, i start sell. It is a reality. A recession is when every tom dick harry is being impacted on the street. Just open your eyes and look around. Streets are empty. People are not spending money. My petrol even last me 2-3 weeks. Company OUTPUT all down by half AT LEAST (TRUST ME, I KNOW WHEN I SAY THIS. And we are manufacturer for US company. In US, all major sports event are postponed. That's billion dollar industry my friends. this is definitely not the case of I read some news, i dont really feel it but my sentiment tell me to sell. This is where you are hiding in your house. EVERYONE of US here include the WORLD. That my friend, is a disaster
Oil drop some more....Double whammy for global economy. Russia, Middle East, Malaysia, US economy kaput. All major oil producer... US is world oil exporter right now die another day ya. live to fight another day. No such thing as oversold. Oversold situation can prolong for years. Now the funbdamental is shaken...technical analysis cant be applied in such situation anymore.
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....
Oretama
176 posts
Posted by Oretama > 2020-03-18 15:59 | Report Abuse
You big shark waiting