This year will the 30th anniversary of the greatest bull in msia. The super bull of 1993. There's no need conduct any analysis. Any stock will turn to gold. Punters are having a great time with 2nd board counters. And this is where they get fried if they are not careful by insiders.

For Bursa to have a mania such as in 1993; certain pre-conditions must exist, namely the country have experienced few years of high growth, all market participants had a feel good factor in them. That they had enjoyed certain years of prosperity and confident in on the direction of the economy. unfortunately, nowadays is different.

Those punting for quick gains in gloves and meteoric rise in certain penny stocks reminds me of 1993 and it's manic behaviour.

Speculating can be downright exciting which leads to greed and eventual loses for the unwary stock prospector.

what you don't know is the best time to accumulate was Aug - Sept 1998. That was when even the big heavy stocks sold at ridiculous low prices. TNB, Telekom, the big banks, And all of them still around today.

those punters/self-proclaimed experts would't even know they have been eaten alive until too late. still happens today.

This post has been edited by targon: May 3 2023, 02:31 PM