This Week Will Enter Chinese New Year Rally

Last week FBM KLCI did not close above 1,300 level due to CIMB be sale down by foreign investor and I had read a report from The Edge newspaper about "Malaysia: How Bizarre" show that Malaysia recorded one of the largest percentage declines in foreign exchange reserves and massive foreign capital outflows. All the foreign investment did not flow back to they home but into Indonesia, this data really show that the Malaysia policy have some problem.

Back to FBM KLCI Chinese News Year rally to 1,300 level, this week will be the highest and likely for FBM KLCI to hits above 1,300 and likely will power up by banking sector. Last two week of the January will be the golden time to make maximum profit. New negative or positive news will flow out from China so no news is good news.

US also will be good for 1Q2010 due to bank pay back to government actually is government flow out they printed money into financial system sure will help pull up the market. With all the good element, I think and likely this last two week is a good time and "safe zone" to invest. If want to make profit for year 2010 I think share likely to be good for 1Q2010 only after that the risk for share market to drop will be vary high.