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 How will election affect market tomorrow?

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TSokyjace
post Mar 9 2008, 09:14 AM, updated 18y ago

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In my humble opinion, I think there's positives from less uncertainty around the election results... however, just so much bad news coming out from the US. Doesn't look good.
Apec
post Mar 9 2008, 09:36 AM

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Overall sentinment is bad, as the saying go foreign and local not much good news and likely to dampend tomorrow performance.
dreamer101
post Mar 9 2008, 09:44 AM

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Stock market will go down since the government no longer has to support the stock market after the GE.

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wyxyz
post Mar 9 2008, 10:18 AM

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yea..stock will go down. mayb just for temporary la..coz all the gov croniez companies. lolz..bursa malaysia will bounce back.a cleaner and transparent gov
dreamer101
post Mar 9 2008, 10:25 AM

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QUOTE(wyxyz @ Mar 9 2008, 10:18 AM)
yea..stock will go down. mayb just for temporary la..coz all the gov croniez companies. lolz..bursa malaysia will bounce back.a cleaner and transparent gov
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wyxyz,

Stock market will go down for a few years. Our stock market had gone up 30% per year for 2 years. But, our economy only grow at best 6% to 7% per year. So, the stock price is unsustainable. The ONLY reason that is going up recently is because of GE.

And, I have not throw in the effect by USA recession yet.

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kinwawa
post Mar 9 2008, 11:19 AM

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for the future...hope there will be more transparency in the gov....no more wasting money.....and that Malaysia will prosper in the 'correct' way....

i dun mind keeping my money for few years in stocks (stuck there if share drop tomolo) if it means a better life for me n my future generation.....

i believe if things are done correctly....there's still hope and KLCI will eventually bounce back.....
panasonic88
post Mar 9 2008, 12:05 PM

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i can smell CI at 1200 soon...
dreamer101
post Mar 9 2008, 12:08 PM

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QUOTE(kinwawa @ Mar 9 2008, 11:19 AM)

i dun mind keeping my money for few years in stocks (stuck there if share drop tomolo) if it means a better life for me n my future generation.....

i believe if things are done correctly....there's still hope and KLCI will eventually bounce back.....
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kinwawa,

<<i dun mind keeping my money for few years in stocks (stuck there if share drop tomolo) if it means a better life for me n my future generation.....>>

You buy individual stock not KLCI. You should buy stock/company that can survive recession to begin with. If you do buy KLCI, then, you are supporting GLC. So, your money deserve to go down the drain.

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kinwawa
post Mar 9 2008, 01:36 PM

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hahha...sorry Dreamer....guess i used 'layman's term'....i talk in too general i guess........dun flame me ar.. my apologies....

anyway.....i switch most of my money to PBBANK n stocks that are defensive in nature....will switch more to REIT soon ...
am_eniey
post Mar 9 2008, 02:22 PM

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i predict a drop
DJWC
post Mar 9 2008, 02:29 PM

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All,

For sure it will drop but how much will it drop ? That's the question.




Thank You.
Pai
post Mar 9 2008, 02:33 PM

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Election result == change == uncertainty == jittery investor's sentiment == DROP



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panasonic88
post Mar 9 2008, 06:10 PM

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and never forget that it is affected by U.S market, as well

DJIA lost another 146 points on last friday, closed at 11,893

now we gonna see HOW MUCH CI gonna drop.
kinwawa
post Mar 9 2008, 06:28 PM

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pray pray hard that market won't tumble....and tat foreign fund will view the election result positively
xiang49
post Mar 9 2008, 08:22 PM

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Thank god i have no stake in equity...tomorrow is def a day where KLCI will down to the drain...time to pile up bullets....you dont get this kind of opp everyday...the last time i check, it was 11 yrs back where Asian Financial Crisis hit us...
dreams_achiever
post Mar 9 2008, 08:58 PM

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QUOTE(xiang49 @ Mar 9 2008, 08:22 PM)
Thank god i have no stake in equity...tomorrow is def a day where KLCI will down to the drain...time to pile up bullets....you dont get this kind of opp everyday...the last time i check, it was 11 yrs back where Asian Financial Crisis hit us...
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Hope god bless us all tomorrow.
another 12hours and 3mins to go before Bursa start crashing tomolo..
ahpoh
post Mar 9 2008, 09:16 PM

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i think if market drop till 1k point will be good, reason is more people are able to afford to buy. not like now
and i think the economy cycle is around the corner also
dreamer101
post Mar 9 2008, 09:16 PM

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QUOTE(kinwawa @ Mar 9 2008, 06:28 PM)
pray pray hard that market won't tumble....and tat foreign fund will view the election result positively
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kinwawa,

<<pray pray hard that market won't tumble..>>

1) Why?? I am praying for PANIC selling so that I can buy more PBBank.

2) If you have PBBank, why should you care about the market drop?? You are collecting good dividend every year. Why would you want to sell the stock??

3) Anyone with common sense would know that the stock market will drop eventually. Going up 30% per year for 2 year while the economy is growing slowly. The stock market has to go down to reflect the reality.

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Larrylow
post Mar 9 2008, 09:17 PM

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I predict the the market will plummet for the coming weeks.

As we all now, the oppostion made a major score. Local investors will start to be panic and withdraw and their shares. The same will go to foreign investors due to the uncertainities in our government's policies.

However, it is a wise choice to invest in the stock market. Buy the shares that you have been aiming all these while.
suns8630
post Mar 9 2008, 09:28 PM

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for sure ... those company related to " semi value" will go burst ........

banker will look for them ... in all the holes that they are hiding...

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