If you guys are watching Dow, it is all about the USD.
Just watch US Fed action to determine where it will go.
So simple and easy.
Even GS advises its clients to front run the Fed.
They publish the days when they're buying treasuries (printing money).
But,... difficult to gauge FBMKLCI (not a true rep of all stocks listed on KLSE)
unless you're playing commodities related counters that has strong relation to USD.
Now, just continue to sell those counters that correlate to USD.
Malaysia exporters are hurting big time with rising Ringgit and lowering USD.
Sell 'em because next quarter your portfolio will hurt big time.
IMO, not a bottom yet.
STOCK MARKET DISCUSSION V65, Plantation Surge & CI 1500 and beyond
Oct 28 2010, 11:33 PM
Quote
0.0343sec
0.89
7 queries
GZIP Disabled