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 Bear market now ?, As 1997 ?

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dreams_achiever
post Jun 24 2008, 08:42 PM

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QUOTE(hanif444 @ Jun 24 2008, 07:44 PM)
in last to say..i still preffer Mahathir as PM rather that BADAWI>>>..but over is over..we have to face the issue now..
*
Yup, me also agreed.
Although Mahathir managed Malaysia in some dictator ways, at least Mahathir managed to take Malaysia out from Asian crisis '97 and bring prosper to Malaysis during his tenure as PM.
But compared Abdullah, i can't see his strength managing Malaysia. He is too weak and the most i fed up with him is because of his flip-flop management. Better he step down and give to some one more capable.

Anyway back to topic, i think market is heading to recession time. Bear market will soon emerged when more bad news coming out. Some analysts predict recession could come in early next year.
But market is unpredictable, any possibilities could happen.
If you compared to March this year, when almost everyone of us(maybe to me) think market will collapse due to credit crunch but most of banks announced good results and market reversed, rally for 1++month until May 2008.

For cautious purpose, it is better to invest small portion only and keep cash for raining days if recession does come.



 

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