KLCI Unlikely To Go Higher

2009-03-25

KLCI Unlikely To Go Higher

KLCI may unlikely to go higher due to Malaysia economic is in bad situation and still not mach government had done to save it.

Last few day bounds up is due to UNMO meeting and they need a day as a pay day so they will wait for one day like all the Asia market go up to push KLCI index up.

Thing may not turn positive yet for Malaysia, I think KLCI index may likely drop to new low in this coming Apr.

4 comments:

Elvis2020 March 25, 2009 at 10:18 PM: Hahaha...you know, economy is very dynamic. I have followed markets and economy fundamentals for 10 years now, so i am very flexible when changing my opinion depending on forseeable future. I always try to see 6 months ahead coz market react to what will happen 6 months from now. My view is BUY, fundamentals has change directions, Obama economic teams(he has several)doing they very best. Najib has to SHOW that he is in charge. He MUST prop up stock market so we kept busy making money. So my friend, Durian, everything is okay(i hope). LET US MAKE SO MUCH MONEY SO WE CAN MIGRANT TO OTHER COUNTRIES. PEACE...
East Point Trading March 26, 2009 at 9:53 AM: Thanks for you info, I just make some money in KNM.If market countinues like that sure can make some money.

Yap, hopefully the market is ok.
Elvis2020 March 26, 2009 at 1:15 PM: I think you also share similar goal Durian. TO MAKE MONEY NOT TO LOSS MONEY. We may have difference in opinions or method but in the end of the day, we want to make money. Oh, ya Gpacket drop to new month low, best to buy by today or tomorrow. I think Gpacket will be push to RM1.10 or RM1.20 very soon. Cheers, everybody....
Elvis2020 March 30, 2009 at 10:56 AM: What's happening to my gpacket? Going down to 0.785! Really catch me by surprise. I dont find any bad news affecting this company. I know Celcom is competing with Gpacket but these two are completely different. Celcom dont have P2P so forget downloading with Celcom. Celcom is good for surfing internet only whereas Gpacket for serious data transfer...

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