Obviously it's cause of the EU deal. Italy and Spain ambushed Germany and forced Merkel to back down.
http://www.telegraph.co.uk/finance/financi...for-Merkel.html

Hoorahhh .... Europe is saved ......the world is saved ..... the eurocrisis is over

Commodities should rally on Monday and since I overweight commodity stocks, should be good news for me

And don't forget the US "fiscal cliff" in Dec

I'm pracitising a modified form of dollar cost averaging - put in 5%-15% every time there's a new low or a possible solution to the crisis.

But then I'm buying foreign stocks which is considerably cheaper than Malaysian big caps.

Wow, the "rally" ran out of steam in one day

So much for the EU deal

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Added on July 2, 2012, 11:36 pmYou need to have RM250k. If u are interested in those big IPOs like IHH, get a CIMB or Maybank IB remisier.


This post has been edited by Veda: Jul 2 2012, 11:36 PM

Bought some shares of the world's most profitable bank trading at around PE 6 and DY 6%.

So cheap so cheap

You can buy or sell Spore or HK shares right now using CIMB or OSK trading system. Or just ask your remisier to do it for you.

But my point is this: If you are a trader or speculator (and most ppl are either of this, even though they think of themselves as investor), may as well stick to Msia since u don't look at value or fundamentals.

Quite a few traders/speculators lose money when they migrate to foreign markets cause they are used to the way Msia stocks behave.

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Added on July 8, 2012, 9:30 pmBtw I just bought 3 packs of Dutch Lady chocolate milk for RM11+. Dutch Lady got discount so I buy, help support panasonic88

Ayam going to drink one glass now, need the nutrition since I've been working hard since my promotion

This post has been edited by Veda: Jul 8 2012, 09:30 PM