Wednesday, September 19, 2007

Gold & Pohkong

Okay, everyone knows that gold is shooting through the roof like oil.

My question is, if there is an oil play for KLSE, will there be a play for gold? The counter that has any connection with gold are Pohkong, Tomei, Degem and Yikon. Out of this 4, only Pohkong shows sign of going up. Yikon has been pushed up sky high and now is still dropping, Degem is also dropping while Tomei is flat.

So, is it worth buying Pohkong? The future cannot be predicted, however, I've have taken a position in Pohkong due to its favorable chart.

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