Monday, March 8, 2010

Where are we heading?


Bursa raced for another +15 points last Friday after OPR was raised 25 basis point. Petrol subsidy system was scrapped. More good news are expected for the people, especially for East Malaysia as the Election is near  ;=)


On the other side, DOW JONES has been slowly marching to the NORTH. Positive jobs data released last Friday added another +122 points for the DOW. Unclepicks is optimistic. DOW JONES has to catch up with the strong financial quarter reports released last month.

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