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2009-06-12

Today's Market Preview (12-06-2009)

2 comments:

Elvis2020 June 14, 2009 at 2:44 PM  

From what i see now, the markets are moving too far from fundamentals. Oil oledi at USD72 when demand is very weak(mean u, unemployment almost 10% in US). People in US are losing jobs and oledi gas price going up. Can you see the logic there? All this talk about greenshots, recovery, etc are confidence game. Analyst are looking at half full glass. The bad corporate and persona debts are still in the financial system and i believe US government has made a big mistake for ignoring these fundamental problem. What goes up will come down when reality sets in. Malaysia wise, things are okay. But the prices of stocks are too expensive at the moment. And i believe, the tendency of OVERACT is the main source here. Cheers....be patient, markets will go down....and buy when everybody OVERACT again.

Elvis2020 June 14, 2009 at 2:48 PM  

Oh ya, some companies will also go bankrupt in Malaysia. MAS technical under PN17 because of almost 1BILLION losses. Can you imagine MAS could loss so much. And they play it as if it's only like losing 1MILLION? Incredible!!It's like a asking a friend how much he loss in stock market. He's answer is, "Oh, only 1 million..not much". And not the shocking, "OMG, 1 LOST 1 MILLION DE!!!".

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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