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.
How will election affect market tomorrow?
How will election affect market tomorrow?
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Mar 9 2008, 09:14 AM, updated 18y ago
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#1
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Junior Member
230 posts Joined: Jan 2008 |
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.
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Mar 9 2008, 09:36 AM
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#2
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Junior Member
172 posts Joined: May 2006 |
Overall sentinment is bad, as the saying go foreign and local not much good news and likely to dampend tomorrow performance.
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Mar 9 2008, 09:44 AM
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#3
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Elite
15,855 posts Joined: Jan 2003 |
All,
Stock market will go down since the government no longer has to support the stock market after the GE. Dreamer |
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Mar 9 2008, 10:18 AM
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#4
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Senior Member
730 posts Joined: Mar 2005 |
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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Mar 9 2008, 10:25 AM
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#5
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Elite
15,855 posts Joined: Jan 2003 |
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 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. Dreamer |
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Mar 9 2008, 11:19 AM
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#6
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Senior Member
2,181 posts Joined: Oct 2007 |
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..... |
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Mar 9 2008, 12:05 PM
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#7
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
i can smell CI at 1200 soon...
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Mar 9 2008, 12:08 PM
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#8
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Elite
15,855 posts Joined: Jan 2003 |
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..... <<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. Dreamer |
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Mar 9 2008, 01:36 PM
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#9
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Senior Member
2,181 posts Joined: Oct 2007 |
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 ... |
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Mar 9 2008, 02:22 PM
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Senior Member
3,314 posts Joined: Sep 2005 From: Taman Sri Melati, KL |
i predict a drop
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Mar 9 2008, 02:29 PM
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Junior Member
459 posts Joined: Feb 2008 |
All, For sure it will drop but how much will it drop ? That's the question. Thank You. |
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Mar 9 2008, 02:33 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia |
Election result == change == uncertainty == jittery investor's sentiment == DROP
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Mar 9 2008, 06:10 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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. |
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Mar 9 2008, 06:28 PM
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Senior Member
2,181 posts Joined: Oct 2007 |
pray pray hard that market won't tumble....and tat foreign fund will view the election result positively
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Mar 9 2008, 08:22 PM
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Junior Member
118 posts Joined: Oct 2005 |
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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Mar 9 2008, 08:58 PM
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Senior Member
1,120 posts Joined: Jul 2006 |
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... Hope god bless us all tomorrow.another 12hours and 3mins to go before Bursa start crashing tomolo.. |
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Mar 9 2008, 09:16 PM
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Junior Member
376 posts Joined: Mar 2005 |
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 |
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Mar 9 2008, 09:16 PM
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Elite
15,855 posts Joined: Jan 2003 |
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 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. Dreamer |
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Mar 9 2008, 09:17 PM
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Senior Member
1,516 posts Joined: May 2006 |
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. |
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Mar 9 2008, 09:28 PM
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Senior Member
1,122 posts Joined: Jan 2003 From: Kuala Lumpur |
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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