Don't let the last couple of days KLCI fool you
Don't let the last couple of days KLCI fool you to buy in into market, there's plenty of volatility left in all markets, and plenty of downside in stocks. Markets may go dead and dull in the next few days before the US election, but since electing Barack the Self-Righteous or McCain the Warmaker cannot make one bit of difference, markets will resume their natural courses the day after. US election will effect world share market included Malaysia.
Keep your eyes on the long horizon. Colossal inflations of money & credit by Fed's & Treasury's attempts to "fix" financial crisis will inevitably cause colossal dollar inflation, if not hyperinflation. Bad for stocks, bad for dollars, euro, yen & ringgit, but good for silver & gold.
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