Posted by Speedy Boy > 2018-10-05 12:22 | Report Abuse

It bursa going to crash! Well, you have to look at ringgit before jumping to conclusion! Like US dollar, our ringgit is fortunate enough to be backed by crude oil and palm oil of which both are doing well at the moment! In fact ringgit is strengthening against other currencies except dollar! That's understandable! We have no choice but wait until hedge funds make tons of money from dollar and switch to other markets! It's rotation game that we small fries can only wait for the next wave to hit! I won't short bursa futures anytime soon! Unless local funds unload for unknown reason! And foreign funds too are coming back just that the inflow is not at as i was expecting! Fundamentally, asian markets are very attractive! Vietnam is doing great! Thailand is doing great! Except Indonesia! Malaysia should be doing great too! Maybe after Anwar wins his PD seat and he play major role in attracting US investors, then maybe our bursa will become darling for hedge funds too!