STOCK MARKET DISCUSSION V130

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STOCK MARKET DISCUSSION V130, Bull rally after GE

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David_Brent	May 21 2013, 03:24 AM Return to original view \| Post #1
Caveat Emptor Senior Member 3,423 posts Joined: May 2009 From: My Private Yacht	QUOTE(foofoosasa @ May 21 2013, 12:35 AM) Same feeling, Watching people getting richer and richer here . Erm...Excuse me for interrupting for a moment - but it is not as bullish as it seems to all you guys.... December 31st 2012 the KLSE Index closed at 1688.95. May 20th (yesterday) it closed at 1777.15. Anyone good at percentages?? According to my Abacus that is only a 5.22% increase in about six months. Underperforming - that's what it is.... Where got bullish when you look at Dog Jones or FTSE over the same period?
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David_Brent	May 22 2013, 01:50 AM Return to original view \| Post #2
Caveat Emptor Senior Member 3,423 posts Joined: May 2009 From: My Private Yacht	QUOTE(Boon3 @ May 21 2013, 08:31 AM) I only got this to say... Before election a lot of assumptions were made. Speculation was made that the market was going to crash and that they are going to be so lucky to be cherry picking if and when it happens... But did they bother to listen to the market? Now the election is over... LOL! Are they listening to the market now? They see few stocks with spectacular gains... They use this as their reasoning that the market is too pricey... Feng Shui chart also come out... Big correction coming again wor... Another assumption and speculation on what the market will do? Funny isn't it? I thought only speculators will speculate what the market will or will not do. Regarding them stocks with those spectacular gains... Stocks like HuaYang, Crescendo, Daiman, UEM Land, SapuraCrest etc etc... I wonder if it's just pure bullish senseless hantam-ing that have send these stocks to the orbit... or there are some justifications that these stocks rise so high? Yes. It was amazing how all the IBs and various assorted gurus, snake-oil salesmen, Bull_S merchants and bloggers agonized over a PR victory in GE13 - or (worse) a hung parliament and advised investors to "take money off the table". I think nearly all of them did that. Now - no comment from them, I see. Which just goes to show that the "Cherroy Theory of Investment" works best in the long term! Lose the "SELL" Button! This post has been edited by David_Brent: May 22 2013, 01:55 AM
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