This is my conspiracay theory on why Bursa defer short selling to next Jan 2007.
Currently we are having our Deepavali/Hari Raya rally, next will be Christmas rally, followed by New Year rally, then it's Chinese New Year rally. You see, we are a multi racial country. So all major races must be kept happy and enjoy the celebration. By the time CNY, the index will be sky high. What do you do when everyone is high? Sell lah...so that's why Bursa is postponing it to next January 2007. To prevent anyone from spoiling the fun.
Then there will be an election conspiracy theory...I'll make up of something..some time when I'm boring.
4 comments:
LOL, hmm.. very interesting.
I heard the computerised system that they want to use is the CHAP AYAM one. Everytime tested, went kaput., then keep on postponing the launching date.
See a net outflow of investment out from Stock market.........
i will not likely to go in, fewer & fewer players in the market, and Kaza keep on selling. why?
Now that swifz has leaked out the conspiracy theory, the conspirators have to change plans.
Short selling will make Bursa Malaysia more liquid and volatile.
It is not a bad thing really because during a market downtrend the short sellers would provide the much needed buyers to arrest the decline - after all shorts would need to buy to cover their position.
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