Tuesday, October 27, 2009

BURSA Market View

Signs:
1) Current trend: goreng penny stocks & bluechips stay sideline. bad bad bad
2) 7 months rally, without any correction. Super stamina?
3) DOWs struggling to stay above 10,000 pts. Banking sector fragile.
4) Budget 2010 is over. What's next?
5) Thin volume, can't absorb the good news. Not just m'sia, DOWs too!

As said, "Market is always right". When you have plenty of signs that go against you, chances of winning over bursa is slim.

Stay aside. If you have little holding, pick the gems :=)

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