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 how low can the market go?

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TSjcats
post Jul 8 2008, 08:49 AM, updated 18y ago

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anyone thk klse will go down to 900pts again by end of the year rclxub.gif

waiting drool.gif of course i am not hoping brows.gif

hopefully, the political saga finished soon notworthy.gif or not sweat.gif
yapws
post Jul 8 2008, 09:00 AM

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hi, no offense... if some one know... then "uncertainty" is ????
smile93
post Jul 8 2008, 09:02 AM

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This is not only happen in KLSE but all over the world. It is global problem. Hopefully, it is not as bad as in 1997.
ts1
post Jul 8 2008, 09:22 AM

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maybe 700pts?
laguna1811
post Jul 8 2008, 11:02 AM

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around 800
dunno when can reach
cherroy
post Jul 8 2008, 11:14 AM

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It is pointless to predict how low it can go as there is one definite answer ie. no one knows.
While all will know after market recover or goes back up again.
panasonic88
post Jul 8 2008, 11:35 AM

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whatever goes down, will go up. vice versa.

just a matter of time.
Jordy
post Jul 8 2008, 05:32 PM

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SAPP has withdrawn their no confidence vote, Anwar might be put into jail again, fewer street protests are all the signs that show political scene might be back to normal again. It does take time for the wounds to heal, so expect a sombre year ahead before we can see smooth recovery smile.gif
Singh_Kalan
post Jul 8 2008, 06:04 PM

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market will not go below 1000pts before rebounding at least 20% tongue.gif
dreamer101
post Jul 8 2008, 07:07 PM

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QUOTE(cherroy @ Jul 8 2008, 11:14 AM)
It is pointless to predict how low it can go as there is one definite answer ie. no one knows.
While all will know after market recover or goes back up again.
*
cherroy,

IMHO, Malaysia's economy will not recover from this recession. The destruction of our education system has make us not competitive. It will take us at least 10 to 20 years to fix it even if we start now.

Dreamer
fyire
post Jul 8 2008, 07:14 PM

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QUOTE(Jordy @ Jul 8 2008, 05:32 PM)
SAPP has withdrawn their no confidence vote
And they're back smile.gif

http://www.malaysiakini.com/news/85777

QUOTE
Sabah Progressive Party (Sapp) has made it clear that it has not dropped its plan to move a no-confidence motion against Prime Minister Abdullah Ahmad Badawi.


Secretary-general Richard Yong in a press statement stated that “the party's stand on Sapp’s loss of confidence in the PM remains”.

He faxed a statement to Malaysiakini following newspaper reports today quoting the party's Tawau MP and vice-president Dr Chua Soon Bui as indicating that the party has changed its plan to submit the motion.

Yong said the party would file the motion when the time is right, but “not at the moment in order not to fall into the trap of some racist opportunists especially in view of the current volatile situation in the country”.
But seriously though, those from East Malaysia really has got axes to grind, and for good reason too, especially Sabah.

Full article below:

» Click to show Spoiler - click again to hide... «


This post has been edited by fyire: Jul 8 2008, 07:15 PM
wodenus
post Jul 8 2008, 07:16 PM

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QUOTE(dreamer101 @ Jul 8 2008, 07:07 PM)
cherroy,

IMHO, Malaysia's economy will not recover from this recession.  The destruction of our education system has make us not competitive.  It will take us at least 10 to 20 years to fix it even if we start now.

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Well there you have it.. you have the word of an Elite that the economy will be in a recession forever. smile.gif
SKY 1809
post Jul 8 2008, 07:36 PM

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QUOTE(Jordy @ Jul 8 2008, 05:32 PM)
SAPP has withdrawn their no confidence vote, Anwar might be put into jail again, fewer street protests are all the signs that show political scene might be back to normal again. It does take time for the wounds to heal, so expect a sombre year ahead before we can see smooth recovery smile.gif
*
Any boycott actions if taken by US would cause Bursa to slump further.

Just my 2sen.

This post has been edited by SKY 1809: Jul 8 2008, 10:34 PM
pleasuresaurus
post Jul 10 2008, 05:27 PM

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The current technical rebound suddenly feels like a calm befoe the storm. The boycott by US would be pretty severe, bad enough the EU is boycotting our marine produce already.
AdamG1981
post Jul 11 2008, 08:31 PM

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DJIA futures -129

Dow to fall below 11,000?

Can you say B-E-A-R? biggrin.gif

This post has been edited by AdamG1981: Jul 11 2008, 08:31 PM
Jordy
post Jul 11 2008, 10:31 PM

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Yahoo!! Oil is playing its tricks again, and DJIA now is 11,079.54 down a whooping 149.48 points tongue.gif And we have not seen even the end of the first half trading. Hehe.
KenLee
post Feb 8 2009, 05:17 PM

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this old post have proven KLSE below 900 points Dec2008
normanTE
post Feb 12 2009, 10:20 AM

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recession had never last so long since yrs 2000 tech bubble. so this is comparable with 1935 post war period.
i dont and cant said how long it will last. inview of financial collapse in us, it look like federal govermant are building up a new bubble.
lcl832002
post Mar 28 2009, 01:48 AM

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I think even Warren Buffett can't tell us how low the Malaysian market can go...
cherroy
post Mar 28 2009, 10:04 AM

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Please proceed in the stock market thread for discussion.

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