With Valucap fooling around, who needs fundamentals anyway. They just jack up the few index linked and politically linked stocks n hope the rest of us will jack up the price of the rest. It will be a fast game. And if u are not fast, you may end up to be Santa.

Time has flew past since 1998. But nothing was done to put things right. In good times, Keynes said we should have run surplus budget and in bad times a deficit budget. But we run deficits in both good and bad times resulting in accumulation of huge debts.
The leaders were seduced by the notion that oil price will be high all the time, little noticing that shale oil will bring shock waves to this commodity. This shale oil has helped the rapid recovery of the US economy. Using oncoming new technology will bring the cost of shale oil to around US20-00 which means MYR would be a weak currency for long time to come. With FED scaling back its QE, the window of opportunity for us to put the nation's financials on the right path has already closed.

Years ago, when I went to their shop to terminate their slow broadband, I ask them how much I owe so that I could settle in full. They are not able to answer and told me to wait for their bill. Just like u, the bill did not come and months later i received a lawyer's letter asking me to settle RM25-00 that I owe them.
The lawyer's address is in Sarawak.
I swore never to patronize them again. The consumer is king.

That was what happened. They did not even have the grace to sent me a simple letter asking for the $25. This is not $25000. Instead I got a lawyer's letter.

Megasteel cross defaults on RM3 billion worth of loans - See more at: http://www.themalaysianinsider.com/busines...h.nYv9dSnc.dpuf

Shale oil producers have already sold their oil in futures market the past week n can start to pump oil again in the short term. But KLSE not necessarily will go down. They can prop up a few index link stocks while others go down.